Bloom Energy stock has slumped: buy the dip or sell the rip ahead of earnings?

Bloom Energy shares are in a bear phase, down 33% from this year’s peak, with the stock recently sliding to $234. After a June 25 record high near $350, the decline has continued, suggesting weakening momentum rather than a single new fundamental catalyst.

Analysis

Bloom Energy shares are in a bear phase, down 33% from this year’s peak, with the stock recently sliding to $234. After a June 25 record high near $350, the decline has continued, suggesting weakening momentum rather than a single new fundamental catalyst.