Shares of Plug Power (PLUG -4.46%) jumped this week, up from last Thursday's close at 1 p.m. ET for the Fourth of July holiday by 17.5% as of 12:30 p.m. ET Friday. The spike comes as the S&P 500 (^GSPC -0.25%) and Nasdaq-100 were both up 0.5%.The company, which develops clean hydrogen power, announced earlier this week that it secured a critical new contract that will improve cash flows, something the struggling company desperately needs.Plug Power has negotiated a new dealThe multiyear extension to its con ...

Group 1 - Plug Power's shares increased by 24.7% amid a positive market trend, with the S&P 500 and Nasdaq Composite also showing gains [1] - The company secured a multiyear extension to a key hydrogen supply contract, which will reduce costs and improve cash flows through 2030 [2] - The new contract terms were facilitated by recent legislation, which is expected to provide strong support for market growth and enhance the domestic hydrogen economy [3] Group 2 - Despite the positive news, Plug Power's financial situation remains concerning, with stagnant or declining sales and ongoing losses [5] - The company's cash burn rate is unsustainable, raising concerns about its long-term viability [5] - The investment in Plug Power may be considered high-risk, suitable only for investors with a high risk tolerance [6]

China Yuchai International (CYD) H2 2024 Earnings Call February 25, 2025 08:00 AM ET Company Participants Kevin Theiss - Investor RelationsWeng Ming Hoh - President & DirectorChoon Sen Loo - CFOKelvin Lai - General Manager of OperationsAndy Li - Associate DirectorWilliam Gregozeski - President & Director of Research Conference Call Participants Yiming Liu - Chief AnalystPengyu Bai - Equity Hedge Analyst Operator Good day and thank you for standing by. Welcome to China Yuchai International Limited Second Hal ...