BEZ is trading at $6.70, down 7.97% in pre-market, with a rebound in Bloom Energy shares the most likely direct explanation.

  • BEZ targets -200% of Bloom Energy’s daily performance, so a rebound in the shares can weigh sharply on the fund; the exact pre-market move in BE is not independently confirmed.
  • Overnight reports describe a cautious return to technology shares after last week’s AI-related selloff, while U.S. futures were higher.