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 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 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 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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This article is originally published at Insider Monkey.
