Bloom Energy stock jumps nearly 10% as Barclays starts coverage ahead of earnings
Bloom Energy shares surged 9.6% to $166.94 Wednesday, with volume topping 10.7 million after Baird raised its price target and Barclays began coverage. The rally follows a $2.65 billion fuel-cell deal with American Electric Power. Investors await Bloom’s Feb. 5 earnings for updates on production capacity and data-center demand. Plug Power and FuelCell Energy also posted gains.