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Why Bloom Energy Is Trading Lower Today

January 20, 2021 9:57 am
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Why Bloom Energy Is Trading Lower Today

The Price And Volume Action In Bloom Energy's Stock Today

Bloom Energy's (NYSE:BE) stock has been falling Wednesday, down 3.27% to a price of $39.38. The stock's current volume for the day is 851.70 thousand, which is approximately 14.77% of its previous 30-day average volume of 5.77 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 lower after Credit Suisse downgraded the stock from Outperform to Neutral.

Insights On Recent Price Action

The stock's 50-day moving average was $26.14 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $40.24 and fallen to a low of $3.0.

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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