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Bloom Energy Plunges 18% in Biggest Intraday Drop Since June 26

Bloom Energy shares fell as much as 18% intraday, the steepest decline since June 26, as a post-midterm-election selloff in chip stocks deepened investor worries about the outlook for the AI data-center power market. The drop marks one of the fuel-cell maker’s sharpest single-session moves in recent months.

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