Bloom Energy Corp. (NYSE:BE) stock fell more than 3% in Tuesday’s premarket session after surging 8.92% in the previous trading session.
The pullback came as investors trimmed exposure to high-beta growth stocks amid a weaker broader market. Nasdaq futures were down 0.91%, while S&P 500 futures slipped 0.08%.
The decline appeared to reflect broader risk-off sentiment following the stock’s strong 12-month rally.
Technical Picture Remains Bullish
Despite the premarket weakness, Bloom Energy continues to trade in a long-term uptrend.
