On October 13, Bloom Energy Corp fell 3.16% in Pre-Market Trading to $254.04 per share, with turnover of $18.718 million.
The move coincided with continued market digestion of uncertainty around the power-supply setup and implementation timeline for Oracle's New Mexico data center project, alongside renewed bearish options signals in Bloom Energy Corp.
Recent reports said Oracle had issued a force majeure notice tied to Project Jupiter, a project that uses Bloom Energy fuel cells. Separately, the options market showed a notable $12.4736 million sale of April 16, 2027 $290 out-of-the-money call options on October 13. With implied volatility percentile at just 1.99%, the trade suggested institutional caution toward upside above $290 and added pressure to near-term risk appetite ahead of the company's October 22 earnings release.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)