Nancy Pelosi’s husband purchased $3 million in Bloom Energy shares and options before the company’s record quarterly results.
Household accounts linked to Nancy Pelosi bought 15,000 Bloom Energy shares and 200 call options in late July, just before the company reported record quarterly earnings. The stock surged 26% by July 30, netting a multimillion-dollar gain for the Pelosi family.
The trades were disclosed weeks later under the STOCK Act, revealing purchases made on July 24 and July 28. Bloom Energy’s shares rose over 6% in premarket trading Tuesday following the disclosure, though the investments were made a month prior.
Pelosi’s stock activity has faced criticism, with platforms like Unusual Whales tracking her trades. The latest disclosure adds to scrutiny over congressional stock trading practices.