RTTNews | Aug 19, 2020 10:58AM EDT

10:57 Wednesday, August 19, 2020 (RTTNews.com) - Shares of fuel cell and hydrogen company Bloom Energy Corporation (BE) are up more than 3% Wednesday morning, continuing yesterday's momentum.

Tuesday, the stock rose more than 20% following news that the comapny's director, Jeff Immelt, who was the former Chairman and CEO of General Electric bought $1 million worth Bloom energy shares on August 14.

The stock is currently trading at $17.52. It has had a 4-fold jump from its value in March this year.

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