Vancouver, British Columbia--(Newsfile Corp. - August 26, 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 July 31, 2024, the Company has closed the second tranche of its non-brokered private placement (the "Private Placement"), issuing 8,300,000 common shares (the "Shares") at a price of $0.05 per Share for aggregate gross proceeds of $415,000. Further to the Company's news releas ...

Scharfsinn86 Note: I have covered Plug Power Inc. or "Plug Power" (PLUG) previously, so investors should view this as an update to my earlier articles on the company. Two weeks ago, Plug Power reported another set of disappointing quarterly results, with revenues missing consensus expectations by a mile again. Regulatory Filings Sales were down by 45% on a year-over-year basis, with the company's core fuel cell systems and hydrogen infrastructure business taking a particularly large hit after Plug Power rai ...

Plug Power investors must understand why Wall Street has been consistently wrong about the stock.The stock of hydrogen fuel developer Plug Power (PLUG 3.77%) has been a bumpy ride. But since the start of 2021, that ride has been consistently lower. Back then, the stock was valued as high as $70 per share. Today, the share price is below $3.Wall Street has been consistently wrong about where the stock price is headed next. In 2021, right before shares collapsed, nearly a dozen firms had a buy rating on the s ...

Plug Power (PLUG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this alternative energy company have returned -9.5% over the past month versus the Zacks S&P 500 composite's +2.2% change. The Zacks Manufacturing - Electronics industry, to which Plug Power belongs, has lost 5.6% over this period. Now the key question is: Where could the stock be headed in ...

SLINGERLANDS, N.Y., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the appointment of Colin Angle, former CEO of iRobot, to its Board of Directors. Mr. Angle brings decades of extensive experience in technology innovation, robotics, and strategic leadership to Plug Power’s Board. Mr. Angle is widely recognized for his pioneering work at iRobot, where he co-founded the company and led the de ...

The green energy company is down 97% from its high point in 2021. Here's what you should know before buying it today.Plug Power's (PLUG -6.99%) hydrogen fuel cell solutions could help usher in a newer, cleaner, sustainable energy source. With some estimates projecting that the green hydrogen energy market could grow to $30 billion by 2030, Plug Power's long-term opportunity is huge.However, despite being a leading hydrogen energy stock, the company has struggled mightily over the past several years. The sto ...

Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), is pleased to announce that it has retained Aktiencheck.de AG and its principal, Stefan Lindam, both arm's length parties to the Company, to assist with an initial European marketing awareness program (the "Program"). The engagement includes up to 20 editorial write-ups, standalone email marketing campaign distribution of the editorial writ ...

This hydrogen stock still remains below its IPO price 25 years after its public debut.Plug Power (PLUG 4.25%) was considered a promising play on the nascent hydrogen fuel cell market when it went public in 1999. But today, it trades nearly 99% below its initial public offering (IPO) price. Many of its investors retreated after the dot-com bubble burst in 2000; its growth cooled off; and it struggled with accounting issues from 2018 to 2020.That was a devastating drawdown for Plug's long-term investors, but ...

Vancouver, British Columbia--(Newsfile Corp. - August 14, 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 July 31, 2024, the Company has closed the first tranche of its non-brokered private placement (the "Private Placement"), issuing 5,320,000 common shares (the "Shares") at a price of $0.05 per Share for aggregate gross proceeds of $266,000.The gross proceeds raised from the sal ...

Plug Power continues to lose money, and that's become a bigger problem as the stock falls.Plug Power (PLUG -1.47%) has long been a high-potential company, but it hasn't translated that potential into profits for investors. In this video, Travis Hoium shows why the company's options are running out as the stock drops.*Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...