The Latest Breaking News from PLUG

Strong demand for industrial goods and favorable government policies are expected to boost the industrial sector’s long-term growth. However, stubborn inflation and the Fed’s aggressive rate hikes, and the rising recession odds have hit the sector this year. While we believe fundamentally strong industrial stocks Keysight Technologies (KEYS) and LSI…

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….

Due to the difficult macroeconomic headwinds, the merger and acquisition (M&A) sector has cooled down compared to 2021.

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…