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Bloom Energy jumps 7% on S&P 500 addition, lifting rival fuel cell stocks too

Market News
11 Sep 2026
24/7 Wall Street
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Bullish
Bloom Energy jumps 7% on S&P 500 addition, lifting rival fuel cell stocks too

Bloom Energy's shares rose 7% following its confirmed addition to the S&P 500 index, triggering mechanical buying from index funds. This buying pressure also boosted rival fuel cell companies FuelCell Energy and Plug Power, which are not part of the index rebalance, suggesting a broader thematic interest in fuel cell technology for onsite power, especially for AI data centers. The index-driven demand will end after the September 21 inclusion date, so investors will watch if the sector's strength continues, indicating lasting interest beyond the mechanical buying.

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