
Shares of Bloom Energy Corp (NYSE:BE) are trading sharply lower Wednesday morning after Jefferies downgraded the stock from Hold to Underperform. The downgrade interrupts a rally that has seen the clean energy company's stock surge more than 187% over the past six months.
What To Know: Recent investor enthusiasm was largely fueled by the booming artificial intelligence sector, which has created massive demand for Bloom Energy’s fuel cell technology to provide reliable, scalable power for data centers.