Here's Why Bloom Energy Rose 35.5% in June

Here's Why Bloom Energy Rose 35.5% in June

Shares of Bloom Energy (NYSE: BE) rose over 35% last month, according to data provided by S&P Global Market Intelligence. The solid-oxide fuel cell pioneer had a relatively uneventful month until June 29. The JDA builds on the collaboration originally announced in September 2019, which signaled to investors that the duo were exploring the potential to build cargo ships capable of being powered by natural-gas-fed fuel cells.