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Wajeeh Khan

Bloom Energy Is Up More Than 200% So Far This Year. What Comes Next for BE Stock.

Bloom Energy Be Bloom Fremont Barchart

Bloom Energy (BE) stock ended higher on Tuesday following reports that the company has acquired a 158,000-square-foot facility in Fremont, California. As investors cheered BE this morning, it broke decisively above its 20-day moving average (MA), indicating the upward momentum could sustain in the near term.

Following today’s surge, Bloom Energy shares are up roughly 235% versus the start of this year.

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