Bloom Energy jumps 9% after Barclays upgrade, California power development deal

What happened: Bloom Energy (BE) rose 8.9% in Tuesday trading after Barclays upgraded the stock and the company announced a partnership with California Resources Corp. to evaluate development of at least 1 GW of fuel. Key numbers: Shares up 8.9% on Tuesday. Partnership covers potential development of at least 1 GW. Why it matters: The Barclays upgrade and the California power development deal both drew investor attention to the stock on the same day.

Bloom Energy (BE) rose 8.9% in Tuesday trading after Barclays upgraded the stock and the company announced a partnership with California Resources Corp. to evaluate development of at least 1 GW of fuel.

The Barclays upgrade and the California power development deal both drew investor attention to the stock on the same day.