"Plug Power Stock Surges, CEO Warns Short-Sellers"

Plug Power stock surged 42% this week, driven by positive developments including a $1.6 billion loan from the Department of Energy, the start of operations at its green hydrogen plant in Georgia, and the shipment of its first trailer of liquid hydrogen to major customers like Amazon and Walmart. Analysts are optimistic about the company's future, with one doubling the stock's price target to $9 per share. CEO Andy Marsh indicated potential improvements in gross margins and hinted at alternative funding options, alleviating concerns about stock dilution. However, securing the DOE loan could still take several months, leaving Plug Power in need of additional funding to sustain its operations and plants.
- Why Plug Power Stock Jumped 42% This Week The Motley Fool
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- Why Is This New Energy Stock Up 37% for The Week Investor's Business Daily
- Plug Power CEO Says He May Surprise Short-Sellers Barron's
- Roth/MKM Just Doubled Its Price Target on Plug Power (PLUG) Stock InvestorPlace
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