This AI stock soared 650% then crashed 72% - analyst reveals why
Key Points
- Bloom Energy's stock dropped 15% after Bank of America issue...
When a stock climbs 650% in a year, smart money starts asking uncomfortable questions. Bloom Energy (BE) just learned this lesson the hard way, watching its shares nosedive nearly 15% on Wednesday to close at $65.83. That artificial intelligence party everyone was invited to? Turns out the music stopped, and someone forgot to tell Bloom Energy investors.
The Bubble's Favorite Child Gets Reality Check
Bank of America analyst Dimple Gosai just delivered the financial equivalent of a cold shower, slapping an Underperform rating on Bloom with a $24 price target. Translation: she thinks this ...
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