🟢 Inverse fuel-cell ETF (BEZ) is trading 4.81% up in pre-market as Bloom Energy shares fall

BEZ is trading at $4.69, up 4.81% pre-market, as Bloom Energy weakness and a broader risk-off backdrop likely support the inverse fund’s gain.

• BEZ targets -200% of Bloom Energy’s daily move, so weakness in BE can lift the ETF; Bloom shares were reported lower amid a broader rate-driven selloff despite recent positive company headlines.
• Treasury yields are rising, oil is above $100, and overnight equity futures are lower, renewing inflation and rate concerns.