Plug Power (PLUG) reached $1.37 at the closing of the latest trading day, reflecting a -6.8% change compared to its last close.
For years, the story surrounding Plug Power NASDAQ: PLUG has been one of ambitious vision shadowed by a persistent question: how would it fund its massive growth plans without perpetually burning cash? That narrative has now fundamentally shifted.
PLUG battles cash burn and weak sales but eyes a turnaround with major hydrogen plant investments and a $1.66B DOE loan.
Plug Power (PLUG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
PLUG sees legacy product sales slump, but a 582% jump in electrolyzers revenues and global contracts signal a green pivot.
PLUG's electrolyzer revenues soar in Q1 2025, fueled by rising global demand for green hydrogen solutions.
PLUG is down 39% YTD as cash burn and weak margins weigh, but revenue recovery signs and long-term potential keep hopes alive.
Plug Power (NASDAQ: PLUG), backed by asset management giant BlackRock (NYSE: BLK), has seen growing bullish sentiment from investors following a series of positive developments.
PLUG narrows losses and cuts its cash burn nearly in half as Project Quantum Leap aims to reshape its financial trajectory.
Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Plug Power (NASDAQ: PLUG), a company specializing in hydrogen fuel cells, is facing severe financial difficulties, resulting in a 60% decline in its stock price year-to-date. Currently priced at just below $1, the stock has dropped over 70% from its 52-week peak of around $3.50.
Zacks.com users have recently been watching Plug Power (PLUG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.