Plug Power(PLUG)
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Why Plug Power Stock Is Plummeting Today
The Motley Fool· 2025-01-08 19:57
Plug Power (PLUG -9.49%) stock is seeing big sell-offs in Wednesday's trading. The hydrogen power specialist's share price was down 12.4% as of 1 p.m. ET amid a 0.4% decline for the S&P 500 index and a 0.7% pullback for the Nasdaq Composite index. The company's share price had been down as much as 10.8% earlier in the day's trading.The broader market is facing bearish pressures today following reports that President-elect Donald Trump could declare a national economic emergency in order to enact his desired ...
Plug Power: Could The Completion Of The $1.66 Billion DoE Loan Trigger A Short Squeeze?
Seeking Alpha· 2025-01-08 14:28
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Plug to Participate in Goldman Sachs Energy, CleanTech & Utilities Conference
GlobeNewswire· 2025-01-07 12:00
SLINGERLANDS, N.Y., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will participate in the Goldman Sachs Energy, CleanTech & Utilities Conference on January 7, 2025, in Miami. Jose Luis Crespo, Chief Revenue Officer, and Kevin O’Brien, Manager, Investor Relations, will represent Plug at the event engaging in meetings with institutional investors representing close to one trillion dollars in total assets un ...
1 Stock to Avoid in 2025
The Motley Fool· 2025-01-07 10:00
Plug Power (PLUG 19.77%) has not found a formula to operate the business sustainably despite generous handouts from the government.*Stock prices used were the afternoon prices of Jan. 3, 2025. The video was published on Jan. 5, 2025. ...
Energy Plug Closes Final Tranche of Non-Brokered Private Placement
Newsfile· 2025-01-06 22:01
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), is pleased to announce that, further to its press releases dated December 2, 2024, it has closed the second and final tranche of its non-brokered private placement (the "Private Placement"), issuing 2,643,000 units (each, a "Unit") at a price of $0.07 per Unit for gross proceeds of $185,010. Further to the Company's news releases dated Dece ...
Why Plug Power Stock Rocketed Higher Today
The Motley Fool· 2025-01-06 19:21
Plug Power Stock Surge - Plug Power shares soared 22 2% on Monday and have surged 41 5% in the first days of 2025 [1][2] - The surge followed the release of final rules for the clean hydrogen production tax credit under the Inflation Reduction Act (IRA) [1] Impact of New Tax Credit Rules - The new rules offer flexibility that could particularly benefit Plug Power due to its diverse hydrogen business [2] - The rules aim to make green hydrogen production more competitive and provide clarity for continued investments [3][4] - The definition of new clean power used to generate hydrogen has been expanded to ensure lifecycle emissions standards are met while offering tax credits [4] Plug Power's Position - Plug Power operates several hydrogen production facilities in the US including a plant in Georgia opened last year [5] - The tax credits make Plug Power's hydrogen more competitive but the company continues to lose money and faces investor skepticism regarding its ability to secure tax credits [5] Investor Considerations - Despite the recent surge Plug Power shares have dropped about 25% over the last year [6] - Uncertainty remains regarding potential changes to IRA tax benefits under the incoming administration [6]
Every Plug Power Investor Should Keep an Eye on This Number
The Motley Fool· 2024-12-25 11:40
From a business standpoint, Plug Power (PLUG -0.41%) has clearly succeeded this year at selling customers on the value of its fuel cells and hydrogen business. Investors, on the other hand, haven't exactly been sold on the value of Plug Power stock. While the S&P 500 has ripped more than 24% higher since the start of the year, shares of Plug Power have plummeted about 43%.But management remains ever hopeful that the company is on the right path, and financial success is right around the corner. There are a ...
Energy Plug Closes the First Tranche of Non-Brokered Private Placement, Management Changes
Newsfile· 2024-12-25 00:26
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company") is pleased to announce that, further to its press releases dated December 2, 2024, it has closed the first tranche of its non-brokered private placement raising gross proceeds of $1,015,184 through the issuance of 14,502,624 units (each, a "Unit") at a price of $0.07 per Unit (the "Private Placement"). Each Unit is comprised of one common ...
Plug Power: Buy, Sell, or Hold?
The Motley Fool· 2024-12-21 14:15
Plug Power (PLUG 11.30%) is on a mission to deliver sustainable energy with its innovative fuel cells. The company looks to capitalize on the renewable energy market with its hydrogen technology. According to an estimate by Deloitte Consulting, the green hydrogen market could reach $1.4 trillion by 2050, giving Plug Power massive upside potential.Even so, the company has faced significant hurdles in recent years. After reaching as high as $75 per share in 2021, the stock has come crashing down to Earth, plu ...
Plug Power Inc. (PLUG) Management presents at Jefferies Renewables & Clean Energy Conference 2024 (Transcript)
2024-12-04 22:09
Plug Power Inc. (NASDAQ:PLUG) Jefferies Renewables & Clean Energy Conference 2024 December 4, 2024 11:00 AM ET Company Participants Jose Luis Crespo - CRO Conference Call Participants Dushyant Ailani - Jefferies Dushyant Ailani So, thank you everyone for joining us. Our next chat is going to be with Jose Luis from Plug Power. He's the Chief Revenue Officer and really appreciate you coming in today and spending some time with us. Maybe just to get started, if you want to share a little bit about yourself and ...