While Plug Power (NASDAQ: PLUG ) stock jumped 30% on Jan. 23 on hopes of it receiving a government loan, some analysts are telling investors to “pull the plug.” BMO Capital cut its rating to “un
Plug Power issued a going concern warning last quarter. The company has now started production at a key hydrogen plant that should help it cut costs.
This week is off to a good start for Plug Power (NASDAQ: PLUG ). The hydrogen fuel cell technology company watched shares plunge last week after it announced a new stock offering.
Plug Power (NASDAQ: PLUG ) is up by more than 15% today despite a Truist Securities price target reduction to $3 from $6 this morning. Truist also reiterated its “hold” rating on shares.
After taking some hits last week, Plug Power (NASDAQ: PLUG ) is back in the green today in more ways than one. Recently, the hydrogen fuel cell company launched what it describes as the “largest liq

Why Plug Power Stock Is Skyrocketing Today

11:34am, Tuesday, 23'rd Jan 2024
Plug Power has started production of liquid electrolytic hydrogen at its Georgia plant. The company's comments suggest that liquid hydrogen production will help improve its margins.
Beleaguered alternative-energy company Plug Power Inc. offered a positive funding update Tuesday morning, helping to send its shares soaring in premarket action.
Shares of Plug Power (NASDAQ: PLUG ) stock are now up by about 25% compared to the low on Jan. 17. On that day, the hydrogen fuel cell company announced a $1 billion at-the-market (ATM) offering.
Plug Power plans to raise up to $1 billion of equity through an at-the-market offering. That capital raise will help plug a hole in its liquidity.

Why Shares of Plug Power Are Soaring Today

11:00am, Monday, 22'nd Jan 2024
Plug Power has an annual business update scheduled for tomorrow. The company plans on raising up to $1 billion through the issuance of new stock.
Plug Power gives investors an inside look at its financial performance.
Plug shareholders could see more than one-third of their ownership wiped out.
Plug Power has been the hottest name in hydrogen but the company can't find a way to make money. Ballard Power Systems has been in materials handling for years but seems to be losing out to rivals in
Plug Power (NASDAQ: PLUG ) stock has plummeted lower by about 45% so far this year, led by a $1 billion at-the-market (ATM) offering. The hydrogen fuel cell company noted that the proceeds would go to
Plug Power plans on raising $1 billion by issuing new shares. Bloom Energy announced no news, but investors likely traded in sympathy with Plug Power's capital raise announcement.
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