Bloom Energy ( (BE) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Bloom Energy shares came under pressure as traders braced for the company’s upcoming earnings report amid elevated uncertainty. Options markets showed a typical level of activity overall, but investors were buying more call contracts than puts, and implied volatility sat above recent norms. This options pricing suggests the market is expecting a potentially big move after earnings, even though analysts have not yet announced any notable changes to their price targets.
More about Bloom Energy
YTD Price Performance: 69.58%
Average Trading Volume: 13,287,575
Technical Sentiment Signal: Buy
Current Market Cap: $34.85B
For further insights into BE stock on TipRanks’ Stock Analysis page.
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