StocksMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
1 min read
Bloom Energy Among Top S&P 500 Losers as Data Center Expansion Fears Grow
Key Facts
1FuelCell Energy shares plunged 17% to $8.77 as the post-election sell-off continues.
2Bloom Energy shares sank 14% despite announcing a deal with NTT Data.
3Plug Power shares dropped 7% as losses extended across the renewable energy sector.
Bloom Energy shares dropped 14% to become one of the S&P 500's largest losers, as investors feared that data-center expansion could stall following the U.S. midterm elections. 247wallst.com reported that the decline occurred despite the company announcing a deal with NTT Data to power 900 megawatts of data centers, while FuelCell Energy shares plunged 17% to $8.77.
Bloom Energy closed at $200.4 on November 4, 2026, before selling pressure hit the renewable energy sector, while FuelCell Energy had closed at $10.54 on the same date. The sell-off extended to Plug Power, which fell 7% after closing at $1.46 on November 4, 2026, while NTTYY closed at $26.14.