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Bloom Energy Gains 4% as S&P 500 Entry Nears; FuelCell Energy Ticks Up, Plug Power Slips

Source: 247wallst.com

Market Technicals & FlowsRenewable Energy Transition
Bloom Energy Gains 4% as S&P 500 Entry Nears; FuelCell Energy Ticks Up, Plug Power Slips

Bloom Energy shares rose intraday after S&P Dow Jones Indices confirmed the fuel-cell maker will be added to the S&P 500 before the market opens on September 21. The index inclusion is likely to drive passive-fund demand and improve the company’s market visibility, providing a near-term technical catalyst for the stock.

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