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Why Plug Power Stock Surged on Friday
Shares of Plug Power ( PLUG +12.94%) kicked off 2026 on a high note, surging 14.5% as of 2 p.m. ET Friday.
Plug Power has been aggressively expanding its global operations through acquisitions. However, the company's financial health is concerning due to heavy cash burn and its aggressive expansion ...
Plug Power Inc. PLUG has been plagued with a high cash burn rate and negative gross margins over the past several quarters. Decline in revenues from the sales of hydrogen equipment and related ...
Plug Power Inc. PLUG has been focusing on expanding its business and investing in the green hydrogen energy market given its long-term growth potential. Going by some estimates, the green hydrogen ...
LATHAM, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced that it has been awarded ...
Plug Power is planning a $387 million expansion of its "green hydrogen" fuel cell plant under construction in Genesee County. The expansion is on top of the $291 million investment the company is ...
Plug Power plans to raise up to $1 billion of equity through an at-the-market offering. That capital raise will help plug a hole in its liquidity. The hydrogen company likely still needs to tap into ...
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