Bloom Energy Stock Soars After Replacing Molson Coors in the S&P 500
Bloom Energy shares are soaring Tuesday after S&P Dow Jones Indices announced late Friday that the company will join the S&P 500.
Bloom Energy got picked to join a big important list of 500 companies, which is like making a team where lots of people want to invest. When a company joins this list, more investors often buy its stock, so the price went up—but that doesn't mean it will keep going up forever.
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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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