Bloom Energy Shares Fall More Than 3% After Hours Despite Raised Guidance
Bloom Energy shares fell more than 3% in Thursday after-hours trading after negative cash flow in the quarter ended September dampened sentiment. The company reported better-than-expected third-quarter earnings and raised its full-year guidance.
Bloom Energy (BE) shares dropped more than 3% in after-hours trading on Thursday. Investors were unsettled by negative cash flow for the quarter ended September, despite better-than-expected third-quarter earnings and an increase to the company’s full-year guidance. The fuel-cell manufacturer…