Bloom Energy Corp. shares plunged more than 10% in late trading Wednesday after the company said that it will restate more than three years of financial...
Bloom Energy Corp. BE, +3.67% shares plunged more than 10% in late trading Wednesday after the company said that it will restate more than three years of financial statements due to miscalculations. Bloom said that it recognized revenue from certain customer contracts immediately instead of over the life of the contract, as rules require.
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