On July 17, Bloom Energy fell 4.28% in pre-market trading, trading at approximately $197.62/share, with turnover of $539.33 thousand. The stock continues its downward trajectory as the aftermath of a short-seller report weighs on sentiment.

Short-seller Hunterbrook previously alleged that Bloom Energy's 5GW annual production capacity would require approximately 220 tons of scandium oxide, nearly the entire global annual supply of 240 tons. Multiple law firms have since initiated securities fraud investigations, and market concerns over long-term scalability and supply chain stability remain unresolved.

Despite significant bullish counterpoints — including a $1.7 billion investment from Industrial Development Fund and Oaktree Capital to power Nebius AI infrastructure, RBC's research note arguing the short report relies on outdated data with likely overstated usage estimates, and UBS maintaining a Buy rating with a $350 price target — bearish sentiment continues to prevail, extending the stock's multi-session decline from recent highs above $298.

(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.)