Bloom Energy Shares Drop 3.08% as Market Declines Less

Bloom Energy shares fell 3.08% to $286.66 in the latest session, while the S&P 500 lost 0.22%. The Dow fell 0.66%, and the Nasdaq declined 0.22%.

Despite the session drop, Bloom Energy shares gained 6.7% over the past month, according to the article. The Oils-Energy sector rose 2.42% and the S&P 500 gained 1.4% over that period.

Zacks estimates the company will report quarterly earnings of $0.72 per share and revenue of $1.07 billion. Those figures would represent increases of 380% and 106.31%, respectively, from the same quarter a year earlier.