On June 29, Bloom Energy rose 5.55% in pre-market trading, trading at approximately $267.10 per share, with turnover of $4.89 million, extending the post-market rebound from the prior session.

The recovery follows a steep 18.49% plunge on June 26, triggered by the Russell Index semi-annual rebalancing effective date. Approximately $12 trillion in passive funds tracking the Russell indices completed concentrated position adjustments, coinciding with quarter-end pension fund rebalancing. The dual capital flow shock drove extreme selling pressure, with intraday amplitude exceeding 16% and turnover reaching $14.8 billion at a turnover rate of 20.11%. Following the exhaustion of forced selling, the stock began recovering in after-hours trading.

On the fundamental side, Bloom Energy recently secured large-scale long-term contracts with Brookfield and American Electric Power totaling over $5 billion, focused on AI data center power infrastructure. These agreements further solidify the company's positioning as a core on-site power solution provider for AI data centers, providing fundamental support for the ongoing price recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)