On July 13, Bloom Energy declined 3.14% overnight, trading at $236.93 per share, with turnover of approximately $3.82 million. The stock remains under pressure from the aftermath of a short seller report targeting its supply chain viability.

The decline reflects continued market unease following a report published by short seller Hunterbrook Capital, which alleged that Bloom Energy's 5GW annual production capacity target would require approximately 220 tons of scandium oxide — nearly equal to the estimated global annual supply of 240 tons. The report also questioned the company's revenue growth trajectory and the permitting progress of its core Oracle AI-related project.

While Bloom Energy filed a rebuttal with the SEC on July 9, calling the allegations \"false and misleading\" and asserting it has supply chain visibility to support 25GW of annual fuel cell production, market skepticism has persisted. On July 10, shares fell an additional 9.31%. UBS maintained its Buy rating with a $350 price target, arguing that scandium concerns are overstated and that limited disclosure should not be conflated with supply unavailability. Nevertheless, multiple law firms have initiated securities fraud investigations related to the matter.

(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.)