On October 15, Bloom Energy Corp fell 3.35% Overnight, trading at $233.74 per share, with turnover of $96,000.
The move coincided with continued market digestion of delays tied to the natural-gas pipeline approval for Oracle’s New Mexico data center project, which has kept uncertainty around Project Jupiter’s power-supply timing and deployment schedule in focus.
Recent market reports said the pipeline’s in-service timeline had been pushed to February from an earlier mid-August target, pressuring expectations for Bloom Energy Corp because the project uses the company’s solid-oxide fuel-cell systems for distributed on-site power. Earlier option flows showed mixed positioning, including large bullish structures, but the latest move appears more directly aligned with the regulatory-delay overhang on this specific data-center opportunity.
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