Bloom Energy Shares Rise 52% After Pelosi Purchase Disclosures
Bloom Energy shares rose about 52% since a Pelosi household disclosed a second purchase on July 28, after a first purchase on July 24. The purchase timing overlapped with the company’s second-quarter results, when revenue reached $1.065 billion, up 165.5% year over year. Bloom cited demand from AI data center customers, while insiders sold about 144,000 shares last quarter.