Why Bloom Energy Corporation (BE) Skyrocketed On Tuesday

We recently published a list of 10 Stocks Leaving Wall Street in The Dust. In this article, we are going to take a look at where Bloom Energy Corporation (NYSE:BE) stands against other Tuesday’s best performers.

Bloom Energy snapped a four-day losing streak on Tuesday, jumping 11.65 percent to close at $20.41 apiece as investors resorted to profit-taking while digesting a former executive’s disposition of shares in the company.

In a regulatory filing, Bloom Energy Corporation (NYSE:BE) said that its former chief finance officer, Dan Berenbaum, who stepped down from his post on May 1 without any reason, sold 5,000 shares of the company at an aggregate value of $99,500 on Tuesday, June 3. This followed a series of sell-offs between May 21 and 23, 2025, covering 26,300 shares for a total of $494,272.

A bird’s eye view of a power generation platform with a power plant in the background.

In a statement, Bloom Energy Corporation (NYSE:BE) described Berenbaum’s departure as amicable and not related to financial disagreements. Berenbaum joined the company only last year.

In the first quarter of the year, Bloom Energy Corporation (NYSE:BE) narrowed its net losses attributable to shareholders by 58.6 percent to $23.8 million from the $57.5 million registered in the same period last year, but marked its return to the red from a $104.8 million net income in the fourth quarter of 2024.

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Disclosure: None. This article is originally published at Insider Monkey.