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Bloom Energy Defends Supply Chain, Calls Hunterbrook Report "False And Misleading"
Bloom Energy Defends Supply Chain, Calls Hunterbrook Report "False And Misleading"
Bloom Energy is responding forcefully against allegations made by short seller Hunterbrook Capital, rejecting the firm's claims about its accounting, supply chain and growth prospects a day after a report sent shares sharply lower.
The clean energy company said Thursday that Hunterbrook's assertions regarding its financial reporting and access to critical raw materials are "false and misleading," according to a statement reported by Bloomberg.
The response comes after Hunterbrook published an investigation on July 8 that questioned Bloom's independence from Chinese...
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