On October 13, Bloom Energy Corp declined 3.05% Overnight, trading at $254.32/share with Turnover of $11.7868 million.
The move follows a series of bearish option market signals, including a $12.4736 million out-of-the-money call sale on October 13 targeting the $290 strike expiring April 16, 2027, reflecting institutional expectations that upside is limited.
Sentiment has been notably cautious amid concerns over Oracle's fuel cell supply for its New Mexico data center project, where pipeline delays and an earlier force majeure notice have raised uncertainty about deployment timelines.
Heavy electrical equipment sector peers also traded lower: GE Vernova Inc. down 0.83%, NuScale Power down 1.64%, Forgent Power Solutions, Inc. down 0.97%, and X-Energy down 0.84%.