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Bloom Energy shares surge after Pelosi investment disclosure

Reported · Written up by our desk · Market Structure

Decrypt reports that U.S. lawmaker Nancy Pelosi disclosed millions of dollars in investments in Bloom Energy, weeks after Bloom Energy shares and options were reportedly purchased through her husband’s accounts.

According to Decrypt, the timing included a purchase made just before Bloom Energy reported record earnings.

The outlet also points to the sequence between the reported buying activity and the company’s earnings, which preceded the stock’s surge.

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