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Hey, Plug Power Stock Investors! Don't Get Too Excited About That Billion-Dollar Loan.
investorplace.com· 2024-05-22 10:35
Plug Power (NASDAQ:PLUG) is at the forefront of the hydrogen-power movement of the 2020s. However, it’s not prudent to over-invest in Plug Power. Position sizing is crucial with Plug Power stock, as there are risks involved and share-price volatility should be expected. Don’t get me wrong. I’m rooting for Plug Power to succeed and eventually post a quarterly profit, though that goal remains elusive.Still, I like the way Plug Power continually innovates and advances fuel-cell technology. Someday, the company ...
Plug, Airbus, Delta, Hartsfield-Jackson Atlanta International Airport Study Feasibility of Hydrogen Hub at World's Busiest Airport
Newsfilter· 2024-05-21 15:31
LATHAM, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, Airbus, Hartsfield-Jackson Atlanta International Airport (ATL), and Delta Air Lines have joined forces to study the feasibility of a hydrogen-based hub at the world's busiest airport in support of advancing a more sustainable future of travel. The study, which was preliminarily launched earlier this year, will help define the infrastructure, operat ...
Energy Plug Appoints Jonathon Redbird to Board of Directors and Retains Renmark Financial Communications Inc.
newsfilecorp.com· 2024-05-21 13:29
Energy Plug Appoints Jonathon Redbird to Board of Directors and Retains Renmark Financial Communications Inc.May 21, 2024 9:29 AM EDT | Source: Energy Plug Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), an energy technology company dedicated to innovation and sustainability, is pleased to announce the appointment of an additional member to the Company's Board ...
Shareholders that lost money on Plug Power Inc.(PLUG) should contact The Gross Law Firm about pending Class Action - PLUG
prnewswire.com· 2024-05-21 09:45
NEW YORK, May 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Plug Power Inc. (NASDAQ: PLUG).Shareholders who purchased shares of PLUG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/plug-power-inc-loss-submission-form-3/?id=80717&from=4 CLASS PERIOD: March 1, 2023 to Janu ...
3 Cheap Hydrogen Stocks to Buy Now: May 2024
investorplace.com· 2024-05-20 18:25
The hydrogen story holds significant potential. We can see that with cheap hydrogen stocks like Plug Power (NASDAQ:PLUG), for example, which ran from a low of about $2.80 to $4.90. This boom came from the news that it received a commitment for a loan guarantee of up to $1.66 billion from the U.S. Department of Energy. That money is expected to fund about six green hydrogen production facilities across the U.S.“I think the loan kind of validates the vision,” said Plug Chief Executive Officer Andy Marsh in an ...
Great News for Plug Power Stock Investors
fool.com· 2024-05-20 09:15
The company got another lifeline from the U.S. government, giving it more time to build a sustainable business.Fool.com contributor Parkev Tatevosian discusses what the latest loan from the U.S. Department of Energy could mean for Plug Power (PLUG -5.25%) stock investors. *Stock prices used were the afternoon prices of May 16, 2024. The video was published on May 18, 2024. ...
Plug Power Stock: What to Know Before You Buy or Sell
fool.com· 2024-05-18 08:05
The story of growth just can't offset the massive dilution, the huge losses, and the weak balance sheet.In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the latest financial results, balance sheet, and trouble brewing for Plug Power (PLUG -5.25%). This video is a must-watch for anyone thinking to buy shares.*Stock prices used were from the afternoon of May 14, 2024. The video was published on May 17, 2024. ...
Plug Power Continues to Burn Cash, but There Are Signs of a Turnaround After DOE Loan Commitment. Time to Buy the Stock?
fool.com· 2024-05-18 06:15
Hydrogen production is the key to the company's potential turnaround.When Plug Power (PLUG -5.25%) posted its first-quarter results, the issues that have plagued the company over the past year remained front and center. The biggest of these issues is the company's negative gross margins and cash outflows.The stock was down over 60% over the past year before news that the company received a huge $1.66 billion loan from the Department of Energy (DOE) sent shares skyrocketing higher. Let's look at its most rec ...
Plug Signs 3 GW BEDP Contract with Allied Green Ammonia for Electrolyzer Project in Australia
Newsfilter· 2024-05-16 11:00
LATHAM, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the signing of a Basic Engineering and Design Package (BEDP) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, for a three-gigawatt (GW) electrolyzer plant supplying hydrogen to AGA's planned ammonia facility proposed for the Northern Territory of Australia. Plug's BEDP offering is instrumental fo ...
Is Plug Power Stock a Buy After Cratering 75%?
The Motley Fool· 2024-05-15 09:36
Plug Power stock is a lot cheaper than it was in 2023, but there's a catch.Plug Power (PLUG 19.03%) stock has gotten a lot cheaper recently, at least when it comes to its share price. In 2023, shares topped out at around $12. Today, the stock is valued at under $3.Is this growth stock a buy after losing 75% of its value?Plug Power has dreams of massive growthPlug Power's management team has lofty expectations for the business. In 2027, executives expect to generate $6 billion in revenue. By 2030, they belie ...