🟢 Inverse fuel-cell ETF (BEZ) is trading 3.23% up in pre-market amid Bloom Energy’s modest overnight pullback

BEZ is trading at $4.49, up 3.23%, as its -200% daily inverse exposure can benefit from declines in Bloom Energy shares.

• Bloom Energy was only slightly higher overnight after closing up 3.19% on October 6; that modest pullback is consistent with BEZ’s pre-market gain.
• U.S. equity futures were little changed as investors awaited the 2:00 PM ET FOMC minutes.
• No clear new overnight fuel-cell catalyst was identified; recent Barclays commentary on Bloom’s capacity expansion predates this session.