AAR CORP director Ellen M. Lord sells $454,238 in company stock
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Bloom Energy Trades at 140 Times Earnings. Here's the Growth Rate It Needs to Justify That.
Bloom Energy is growing into its valuation, and the most recent quarter marks an important turning point.
- Bloom Energy's stock price surged, trading at 140 times earnings.
- Company's earnings doubled in Q3 compared to the previous year.
- High P/E ratio could drop to 30x if earnings remain stable or stock price declines.