US Stock Movement | Bloom Energy (BE.US) surges nearly 9% after inclusion in S&P 500 Index

Securities Times APP has learned that on Tuesday, Bloom Energy (BE.US) surged nearly 9% at the open, marking a cumulative gain of 33% over five trading days and is now trading at $274.59. According to reports, after the close of the U.S. stock market last Friday, S&P Dow Jones Indices announced its quarterly adjustment, bringing solid oxide fuel cell manufacturer Bloom Energy into the S&P 500 Index. This component change will take effect before the opening on September 21. Being included in the index means that the stock is likely to attract mandatory allocations from global passive index funds, improving stock liquidity and increasing institutional attention.

In addition, America’s “stock god on Capitol Hill” has made another move. The latest trading record of former U.S. House Speaker Nancy Pelosi shows her family’s funds are making a big push into the artificial intelligence infrastructure sector, establishing a position in the independent power producer Bloom Energy for the first time. According to the latest disclosed congressional trading report, the Pelosi family bet millions of dollars on Bloom Energy through both stock purchases and long-term call options.