GlobeNewsWire
11 Aug 2026, 20:50 UTC · 1h ago
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Bloom Energy is alleged to be reliant on Chinese scandium sourced through direct shipments and intermediaries in Thailand, Japan, and South Korea. — Dependence on Chinese critical minerals creates significant geopolitical and supply chain risk, especially for a US-based energy company.
-0.70A class action lawsuit has been filed against Bloom Energy alleging the company made materially false or misleading statements regarding its supply chain and business operations. — Securities litigation creates financial liability and indicates potential governance or transparency issues.
-0.50Bloom Energy's stock price dropped 5.7% (approximately $15.28 per share) immediately following the publication of the Hunterbrook Media report on July 8, 2026. — Confirms the market's negative reaction to the supply chain allegations, though the event is retrospective.
-0.30Which stocks this story touches
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The company is facing a securities fraud class action lawsuit following allegations of misleading investors regarding its reliance on Chinese scandium.
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GlobeNewsWire
1h ago
