🟢 Bloom Energy inverse ETF (BEZ) is trading 16.48% up today as CPI stokes rate concerns

BEZ is trading at $7.35, up 16.48%, as hotter-than-expected September CPI heightened rate concerns and pressured Bloom Energy.

• BEZ targets -200% of Bloom Energy’s daily move; BE shares were down about 4.8% premarket after falling 9.15% on October 14.
• A broader tech selloff and continued weakness in U.S. futures added risk-off pressure, supporting the inverse ETF.