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Plug Stock

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finance1 year ago

"Plug Power CEO Predicts Shocking Turn for PLUG Stock"

Plug Power's CEO, Andrew Marsh, is optimistic about the company's future prospects, hinting that it won't issue new shares to prevent potential short sellers from undermining its growth. The company's stock responded positively to the news of filling its first tanker with liquid hydrogen at its Georgia plant, climbing upwards of 15% in early morning trading. Despite recent turbulence, the company has enjoyed some momentum, with analysts expressing confidence in the new plant's operations, while others remain cautious about potential funding challenges.

via InvestorPlace|
#andrew-marsh#finance#hydrogen-plant
finance2 years ago

"Plug Power's Financial Boost: $1.6 Billion Federal Funding Sparks Stock Surge"

Plug Power (NASDAQ:PLUG) is set to receive a $1.6 billion loan from the U.S. Department of Energy, signaling a potential turnaround for the struggling company. The funding will allow the company to build up to six hydrogen-production facilities in the U.S., with plans to partner with chemical manufacturer Olin Corp (NYSE:OLN). The announcement has led to a surge in PLUG stock, which had been struggling in recent months, and indicates a positive catalyst for the company's future growth and profitability.

via InvestorPlace|
#clean-energy#federal-funding#finance
business2 years ago

"Plug Power (PLUG) Stock Attracts Major Investor Interest"

Despite facing supply challenges and reporting disappointing Q3 earnings, Plug Power (PLUG) has seen a 10% increase in its stock. The company issued a going concern warning and expressed the need for additional funding. However, institutional ownership of PLUG stock remained steady during Q3, with 483 13F filers disclosing a stake. The top five largest shareholders of Plug Power are Grove Energy Capital, Vanguard, BlackRock, Morgan Stanley, and BNP Paribas.

via InvestorPlace|
#business#institutional-ownership#investors