On October 15, Bloom Energy Corp fell 3.47% in Pre-Market Trading, trading at $230.22 per share with turnover of $2.6461 million.
The move came as the market continued to digest delays tied to regulatory approval for a natural gas pipeline supporting Oracle’s New Mexico data center project, a development seen as pressuring expectations for Project Jupiter’s power supply and deployment timeline.
Recent coverage indicated the pipeline’s in-service date had been pushed back to February from the originally expected mid-August timing, adding uncertainty around a key Bloom Energy-related data center project. The backdrop is especially relevant ahead of Bloom Energy Corp’s October 22 earnings report, for which the market expects EPS of $0.56. In a separate sign of caution, long-dated options activity on October 15 featured a $55.8 million net-premium long straddle at the 290 strike, with in-the-money put exposure dominating overall flow, pointing to defensive positioning and expectations for elevated volatility.
(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.)