It's frustrating for investors when a stock constantly needs to issue shares to raise money so that it can continue growing. Even though sales may be increasing, without positive free cash flow, it can become a risky buy simply due to the potential for dilution, which can drive a company's share price down. Read More...
Motley Fool
Why Bloom Energy Stock Plunged This Week
Bloom Energy (NYSE: BE) stock has kicked off 2022 on a somber note, with shares of the fuel cell specialist dropping 11.4% through the first week of January as of 12:30 p.m. ET Friday, Jan. 7, according to data provided by S&P Global Market Intelligence. Bloom Energy is getting a lot of love from the analyst community, but the market doesn’t seem convinced yet. On Jan. 5, KeyBanc Capital analyst Leo Mariani released a bullish note on fuel cell stocks, projecting fuel cell companies in the U.S. to benefit from a “rapidly growing market for their services as fuel cell adoption is poised to accelerate this decade,” as reported by TheFly.com.
Add Comment