BUZZ-Bloom Energy rises after company rejects Hunterbrook claims, defends supply chain

BLOOM ENERGY CORP

BLOOM ENERGY CORP

BE

0.00

** Shares of fuel-cell maker Bloom Energy BE.N rise 5% to $267 premarket after co rejects Hunterbrook Media claims regarding its financial results and accounting

** "We have sufficient supply of scandium oxide to meet our current fuel cell demand and backlog, and our supply is not dependent on China" Bloom Energy says

** Co says it has clear visibility into its supply chain to support 25GW of fuel cells and continues to expand capacity

** In July, Hunterbrook Media's report says Bloom markets an unaudited $20 billion backlog of orders

** Report says Bloom's production ramp is "physically and commercially unattainable, pointing to a potential industry-wide scandium shortage by 2028

** At last close, BE up 192.6% YTD


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