On July 14, Bloom Energy rose 4.2% in pre-market trading, trading at approximately $242.11/share, with turnover of $25.77 million.

The rebound comes as market panic subsides following several sessions of selling pressure triggered by short seller Hunterbrook's report questioning the company's scandium oxide supply chain and expansion capacity. Bloom Energy filed with the SEC firmly rejecting the allegations as \"false and misleading,\" stating its supply chain is not dependent on China and has clear visibility to support production of 25 GW of fuel cells per year. After releasing over 5% of downside in the prior trading session, the stock is experiencing a technical recovery.

Supporting the rebound, UBS Securities maintained its buy rating and $350 price target, calling the stock an \"attractive\" opportunity and noting that scandium sourcing concerns are overstated. UBS highlighted that Bloom has developed a robust and diversified supply network with meaningful redundancy. Additionally, the recently announced expansion of its Brookfield partnership to a $250 billion AI infrastructure financing framework provides fundamental support for the company's long-term growth narrative.

(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.)