Bloom Energy Shares Extend Selloff After Q3 Results; Morgan Stanley Sees Production Ramp
Bloom Energy shares extended their post-earnings selloff in morning trading. Morgan Stanley remained bullish, citing confidence in the company’s ability to ramp production and convert customer demand into sales.
Bloom Energy (BE) shares continued to fall in Friday morning trading after the company’s earnings report. Morgan Stanley maintained a bullish view of the fuel-cell maker’s growth prospects, pointing to increased confidence in its ability to raise production and turn customer demand into sales. According to The Fly, the…