Why Is Bloom Energy Stock Surging on Friday?
Bloom Energy Corp. (NYSE: TEL) stock rises Friday amid speculation over S&P 500 index inclusion and lower U.S. Treasury yields.
Bloom Energy's stock price went up Friday because people think it might get added to a big list of important companies, and borrowing costs for the government got cheaper. When a company joins that list, more investors often buy its stock, so people are watching to see if that happens.
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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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