How to beat the bloom energy price crash
In the first half of the year, the blossom energy stock rose by 4.8%, according to a Quartz analysis.
The market is currently trading at $1.06 per share.
The stock has been trending down over the past few weeks, however, as investors have become increasingly concerned that prices will collapse and that the company could lose its ability to pay suppliers.
It’s worth noting that the blosse stock has gained in recent weeks, and this was the only time it did so over the course of the quarter.
However, it was the last time the stock gained more than 1% per day.
While this isn’t a good time to buy it, it’s important to remember that the stock has dropped by just over 4% over the same period, meaning that there is plenty of room for further gains.