🔴 Inverse Bloom Energy ETF (BEZ) is trading 5.2% down in after-hours trading amid Bloom gains

BEZ is trading at $6.82, down 5.15% after hours, consistent with Bloom strength weighing on its inverse exposure.

• BEZ seeks -200% daily exposure to Bloom Energy; Bloom was reported at $226.99, up 1.14% after hours on October 20.
• Investors are positioning ahead of Bloom’s October 22 earnings report.
• Oracle’s update that Project Jupiter data-center construction is progressing quickly recently supported Bloom shares. These factors are consistent with BEZ’s after-hours decline, but do not establish its precise cause or timing.