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Context from Wikipedia on the organisations, people and places in this story.
American fuel cell company
Bloom Energy Corporation is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which independently produce electricity onsite for power generation in data centers, manufacturing, and other commercial sectors. It was founded in 2001 and headquartered in San Jose, California; its fuel cell technology generates electricity through a chemical conversion process, which differs from most other power sources reliant on combustion, and can use natural gas, biogas or hydrogen as fuel.
More on Wikipedia ↗Hydrogen stocks are splitting into winners and a notable holdout as fresh sector money floods onsite power names, and the gap between the leaders and the laggard raises questions about what is actually driving the move.
Investors have reasons to be bullish, but the market remains divided.
Bloom Energy Corporation (NYSE:BE - Get Free Report) insider Aman Joshi sold 8,437 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider owned 147,092 shares of…