The Latest Breaking News from PLUG

Hydrogen fuel-cell solutions provider Plug Power (PLUG) is aiming to scale its business. However, its earnings for the third quarter missed analysts’ expectations by a wide margin. Given its weak fundamentals, the stock might be avoided now. Read on….

While inflation seemed to cool off in October, it is way above the Fed’s 2% target. As the Fed continues to fight sky-high inflation with aggressive rate hikes, chances of a recession are rising. Hence, fundamentally weak stocks Plug Power (PLUG), Bed Bath & Beyond (BBBY), and Faraday Future Intelligent…

Someone with a lot of money to spend has taken a bullish stance on Plug Power (NASDAQ:PLUG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Fed’s hawkish stance on inflation has raised the likelihood of a recession in the near term. Fundamentally weak stocks Marvell Technology (MRVL), Plug Power (PLUG), Riot Blockchain (RIOT), and Timber Pharmaceuticals (TMBR) have plummeted this year and might witness further downside. So, these stocks could be best avoided now.…

While demand remained steady, the industrial sector is facing increasing headwinds such as inflation, interest rate hikes, and persistent supply chain disruption. Amid this, we believe fundamentally bleak industrial stocks, Plug Power (PLUG) and FuelCell (FCEL), might be best avoided or sold short. Read on.

The green energy industry is expected to grow significantly in the coming years, thanks to sustained demand for renewable energy amid rising climate concerns worldwide, technological advancements, and increasing government and corporate investments. However, input price inflation, supply chain disruptions, and broader market jitters have adversely impacted many fundamentally weak…

Despite the high pent-up demand, the EV industry is grappling with significant challenges, such as semiconductor shortage, the dearth of public chargers, and the lack of inputs. Since these factors make the industry’s near-term prospects bleak, it could be wise to avoid fundamentally-weak EV stocks Plug Power (PLUG) and ChargePoint…

The stock market has witnessed wild swings amid sky-high inflation and the Fed’s rate hikes to control it. Moreover, volatility is expected to remain as the stubbornly high inflation shows no signs of slowing, and the Fed’s monetary policy tightening is raising the possibility of a recession. With another 75-basis-point…

August’s CPI report revealed that inflation is far from being eased, enhancing the odds of another big Fed rate hike next week. With stubbornly high prices and tumbling market sentiment, it could be wise to sell fundamentally weak stocks Lucid Group (LCID), Plug Power (PLUG), AMC Entertainment (AMC), Peloton Interactive…