Bloom Energy Stock Surges Thursday: What's Going On?
Shares of Bloom Energy are rallying Thursday afternoon, trading higher after market sentiment received a major boost from falling U.S. Treasury yields.
Bloom Energy's stock price went up today because interest rates (the cost to borrow money) fell, which made investors feel better about the company. When people feel hopeful about the future, they often buy more stock, so watch if this good feeling sticks around or fades away.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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