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PLUG Stock: Plug Power Shares Hydrogen Refueling Station Update
Investor Place· 2024-07-10 16:08
Plug Power (NASDAQ:PLUG) stock is up on Wednesday after the hydrogen and fuel cell company provided investors with an update on its refueling stations.Plug Power is celebrating today as the company has completed the deployment 13 hydrogen refueling stations across Europe over the last two years. This has each of them in the commissioning phase with some already operating. All of them are expected to be operational this summer.Plug Power CEO Andy Marsh said the following about the company’s achievement.“The ...
Plug Completes 13 Hydrogen Refueling Station Deployments Over Last Two Years in Europe
GlobeNewswire News Room· 2024-07-10 11:00
SLINGERLANDS, N.Y., July 10, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has completed deployment of 13 hydrogen refueling stations (HRS) over the last two years across Europe. The company’s HRS installations support a range of material handling and mobility applications across the UK, France, Germany, Spain, and the Netherlands. All systems are currently in commissioning phase, with many already operational tod ...
Plug Completes 13 Hydrogen Refueling Station Deployments Over Last Two Years in Europe
Newsfilter· 2024-07-10 11:00
SLINGERLANDS, N.Y., July 10, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has completed deployment of 13 hydrogen refueling stations (HRS) over the last two years across Europe. The company’s HRS installations support a range of material handling and mobility applications across the UK, France, Germany, Spain, and the Netherlands. All systems are currently in commissioning phase, with many already operational tod ...
Plug Power (PLUG) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-08 22:55
Plug Power (PLUG) closed the latest trading day at $2.64, indicating a +1.93% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.1%. Meanwhile, the Dow lost 0.08%, and the Nasdaq, a tech-heavy index, added 0.28%.Prior to today's trading, shares of the alternative energy company had lost 10.69% over the past month. This has lagged the Industrial Products sector's loss of 2.85% and the S&P 500's gain of 4.08% in that time.Investors will be eagerly wa ...
Why Plug Power Stock Plunged 30% in June
The Motley Fool· 2024-07-08 19:38
Plug Power's biggest problem has come back to haunt investors in the hydrogen stock.Shares of Plug Power (PLUG 0.96%) slumped 30% in June, according to data provided by S&P Global Market Intelligence. Investor interest in the hydrogen stock picked up in recent months after the cash-strapped company secured a large conditional loan guarantee to fund its growth plans. A development in June, however, means the funding could run into a roadblock, and that triggered panic selling in Plug Power stock.Why Plug Pow ...
Is It Time to Buy the Dip in Plug Power Stock or Dodge It for Good?
Investor Place· 2024-07-08 10:30
In case you haven’t noticed, a whole lot of pain and pessimism has already been priced into Plug Power (NASDAQ:PLUG) stock. I’ve warned investors about Plug Power stock before. However, it’s been beaten down so badly that the risk-reward balance actually seems to favor the buyers now.This isn’t just a “nowhere left to go but up” argument, though. There are actually recent news items that bode well for Plug Power. So, maybe it’s time to embrace the hate, make friends with the market’s pessimism and take a ch ...
Energy Plug Technologies Corp. Announces Officer Update
Newsfile· 2024-07-02 18:08
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company") announces the resignation of Jan Urata as Corporate Secretary of the Company, effective June 26, 2024. The Company would like to take this opportunity to thank Ms. Urata for her valuable contributions during her tenure. Going forward, Connie Hang, the Company's CFO, will take on the role of Corporate Secretary, in addition to her role as CFO. A ...
With a Senator Questioning Plug Power's Government Loan, Is This an Opportunity to Buy the Stock?
The Motley Fool· 2024-06-30 16:07
The stock initially soared on the loan news, but it now trades below where it was before the announcement.Shares of Plug Power (PLUG -5.29%) surged in May after the company announced that it had received a conditional commitment for a $1.66 billion loan from the U.S. Department of Energy (DOE). However, the stock is now well below where it was before the announcement, and one U.S. senator has called the loan into question.The stock, meanwhile, is now down over 70% in the past year.Let's look at the proposed ...
Plug Power Analysis: Why PLUG Stock Is Just a Massive Cash-Burn Machine
Investor Place· 2024-06-30 05:00
Plug Power (NASDAQ:PLUG) stock is a dicey proposition. The company has never made a profit. In 25 years of business, the hydrogen fuel cell maker has failed to make any money whatsoever for itself, let alone for investors. No matter how much cash has been pumped into the business, Plug Power has failed to generate any meaningful business. Even though it recently announced a billion-dollar conditional loan guarantee from the Energy Dept. that helped send shares soaring it failed to hold onto any of the gains ...
Energy Plug Technologies Corp.: Amended and Restated Management's Discussion and Analysis Clarifying News Release
Newsfile· 2024-06-29 00:30
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) (the "Company" or "Energy Plug"), reports that, as a result of a review by the British Columbia Securities Commission, we are issuing the following press release to clarify our disclosure.The Company has filed and amended and restated Management's Discussion and Analysis for the three month period ending September 30, 2023 (the "MD&A"). The MD&A clarifies the Company's busine ...