Bloom Energy (BE) Slides on Nov. 13 as New 2× BE ETF Debuts and AI Power Narrative Keeps Building
Bloom Energy shares dropped 17.8% to $104.14 Thursday amid a broad sell-off in AI-linked stocks. Tradr launched a 2× leveraged ETF tied to BE on Cboe, while recent coverage continued to highlight Bloom’s solid-oxide fuel cells for data center power. The company recently issued $2.5 billion in 0% convertible notes and exchanged earlier notes for cash and stock. Q3 revenue rose 57% to $519 million.