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Benzinga
Benzinga
Business
Henry Khederian

EXPLAINED: What s going on with bloom energy stock thursday - The Real Truth

Bloom Energy Bloom Be
Bloom Energy

Bloom Energy Corp (NYSE:BE) shares are trading marginally lower Thursday morning after the company announced a proposed $1.75 billion convertible senior notes offering due 2030.

The capital raise comes just two days after a blockbuster third-quarter earnings report sent the stock skyrocketing to an all-time high. The company’s stock soared following a blockbuster third-quarter earnings report that exceeded analyst expectations.

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