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Why Bloom Energy's Stock is Up During Today's Session

January 6, 2021 10:34 am
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Why Bloom Energy's Stock is Up During Today's Session

Bloom Energy's Stock Price And Volume Action

Bloom Energy's (NYSE:BE) stock is trading up 9.9% to a price of $30.65. The stock's volume is currently 1.91 million, which is roughly 30.86% of its recent 30-day volume average of 6.18 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Bloom Energy shares are trading higher as investors watch the incoming Georgia Senate election results. A Democratic victory would be seen as favorable for alternative energy sectors.

Further Analysis of Recent Price Action

The 50-day moving average price of Bloom Energy's stock was $22.3 when this article was published. The stock reached a high of $31.58 and a low of $3.0 in the past 52 weeks.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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