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Motley Fool
Why Bloom Energy’s Stock Plunged 21% in September
After heating up in August — a month in which they soared 26% — shares of Bloom Energy (NYSE: BE) cooled off in September. While the S&P 500 sank more than 9% last month, Bloom Energy’s stock plummeted 21.3%, according to data from S&P Global Market Intelligence. In addition to the distance that investors looked to keep, in general, from growth stocks like Bloom Energy, the trimming of insiders’ positions contributed to the stock’s fall last month.
