In the closing of the recent trading day, Plug Power (PLUG) stood at $1.59, denoting a +0.63% change from the preceding trading day.
Recently, Zacks.com users have been paying close attention to Plug Power (PLUG). This makes it worthwhile to examine what the stock has in store.
It's been five years since the 2020 market crash, when news of a global pandemic sent investors into a panic. For investors brave enough to buy amid that crash, the gains for many stocks have been significant since then.
Two of the most-hyped industries in recent years—artificial intelligence (AI) and green hydrogen energy—have each produced a number of breakout star stocks, the result of widespread investor enthusiasm for the transformational potential of new technologies. However, even within a highly popular industry not every company can succeed all the time, and one company in each of those two spaces has emerged as a contender for most-shorted stock as of mid-March 2025.
Plug Power Inc. (NASDAQ:PLUG ) ROTH Annual Conference March 17, 2025 11:30 AM ET Company Participants Andy Marsh - CEO Conference Call Participants Craig Irwin - ROTH Capital Partners Craig Irwin We're going to go ahead and get started with the next fireside chat. So I have an old friend next to me, Andy Marsh.
Plug Power (PLUG 0.61%) stock has had a rough 2025, with shares slipping in value by around 30%. And yet, the primary end market for this producer of hydrogen energy is expected to grow by leaps and bounds for decades to come.
Plug Power (PLUG -0.60%) is working diligently to reduce the massive losses on its bottom line.
Shares of Plug Power (PLUG 7.88%) rallied after the company announced a new restructuring plan in conjunction with its fourth-quarter earnings report released on Monday, March 3. Nonetheless, the stock has still struggled, down about 16% year to date and more than 55% over the past year as of this writing.
Plug Power (PLUG 3.94%) confirmed last month that its new hydrogen plant in Louisiana was on track to start operations in the first quarter. The hydrogen stock still fell another 13.4% in February after dropping by a similar percentage in the previous month, according to data provided by S&P Global Market Intelligence.
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 Power Inc. (NASDAQ:PLUG ) Q4 2024 Earnings Conference Call March 4, 2025 8:30 AM ET Company Participants Meryl Fritz - Marketing and Communications Manager Andy Marsh - CEO Sanjay Shrestha - GM, Energy Solutions & CSO Paul Middleton - CFO Conference Call Participants Colin Rusch - Oppenheimer Craig Irwin - Roth Capital Partners Saumya Jain - UBS Bill Peterson - JPMorgan Eric Stine - Craig-Hallum George Gianarikas - Canaccord Genuity Sherif Elmaghrabi - BTIG Chris Tsung - Wolfe Research Tim Moore - Clear Street Samantha Hoh - HSBC Amit Dayal - H.C. Wainwright Ameet Thakkar - BMO Capital Markets Kashy Harrison - Piper Sandler Andrew Percoco - Morgan Stanley Operator Greetings, and welcome to the Plug Power Fourth Quarter 2024 Earnings Call.
Plug Power (PLUG) shares pulled back from six-year lows Tuesday but said it needs to take further restructuring steps to boost its financial condition, including more layoffs.