Good news for Bloom Energy investors who haven’t heard of it yet.
So, the deal is that in 2018 (July ig), Bloom Energy dropped its IPO, slinging around 18 million shares to the public. But apparently, they conveniently forgot to mention some major construction delays.
And they obviously faced lawsuits for it, and the good point is that they are [paying the settlement](https://11thestate.com/cases/be-ipo-settlement) now for this situation.
And recently, Bloom Energy was trading a solid 108% above the usual hustle, and checking out the overall vibe, it looks like they’re riding high (at least for now).
So, what’s your take on Bloom Energy? Are you throwing any bets on them in the near future?
by Financial-Stick-8500