The Latest Breaking News from PLUG

The equity market ended a choppy session on Friday as investors anticipated the Fed’s next policy move. Moreover, it is expected that given the current backdrop of rising prices, the stock market might be up for another correction. Hence, it could be wise to short overvalued stocks Plug Power (PLUG),…

Plug Power Inc (NASDAQ: PLUG) was consolidating 4% lower on Tuesday after surging higher on Monday in tandem with a number of other clean energy stocks such as

Plug Power (NASDAQ:PLUG) has outperformed the market over the past 15 years by 7.56% on an annualized basis.

Plug Power, Inc. (NASDAQ: PLUG) shares are higher after the hydrogen fuel cell energy company reported fourth-quarter results.

The hydrogen industry is expected to remain under pressure amid the Fed's hawkish tilt and stalled Congressional negotiations on President Biden’s proposed Build Back Better bill. So, we think fundamentally weak hydrogen companies Plug Power (PLUG), Ballard Power (BLDP), and FuelCell (FCEL) are best avoided now. Read on.

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

Plug Power Inc (NASDAQ:PLUG) has signed a collaboration agreement with Atlas Copco Mafi-Trench Company LLC, the turboexpander technology center within the Gas and Process division of Atlas Copco (OTC:ATLCY), and Fives, to jointly develop hydrogen liquefaction plants. Under the agreement, Plug Power will design, manufacture, install, operate and maintain hydrogen liquefiers for its use and…

Investors looking to invest in disruptive technologies, such as hydrogen fuel cells, can buy stocks of Plug Power (PLUG) and Ballard Power (BLDP). Both of these companies delivered stellar gains in the last five years, but are also trading significantly below all-time highs right now.

Shares of several companies in the broader industrial sector, including Plug Power Inc (NASDAQ: PLUG), are trading higher as stocks rebound following a steep selloff in the month of January, which was driven by concerns of Fed policy tightening going into 2022.