How to pick the hydrogen industry’s future Amazon [Reuters]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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Source: Reuters
By George Hay , Ed Cropley 3 Min Read LONDON (Reuters Breakingviews) - Hydrogen stocks are partying like it’s 1999. The potential for the element to play a big role in decarbonisation has led shares in producers to behave like technology stocks before the dot-com crash. Investors trying to find the sector’s future Amazon.com at least have some clues to follow. Shares in $30 billion U.S. fuel-cell specialist Plug Power are up 20-fold since the start of 2020, and are nearly 70 times this year’s expected sales. U.S. rival Bloom Energy and Canada’s Ballard Power Systems, UK group Ceres Power and Norway’s Nel are all up fourfold or more. Britain’s ITM Power, now worth 3.6 billion pounds, trades at over 100 times next year’s revenue. The hysteria is understandable. The Energy Transitions Commission thinks hydrogen could account for 15% of global energy by 2050, from next to nothing now. But investors risk backing the wrong horse. Current production, worth over $150 billion a year, is mostl
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PLUG
News
- Class Action Filed Against Plug Power Inc. (PLUG) - May 21, 2024 Deadline to Join - Contact Levi & KorsinskyAccesswire
- Why Plug Power (PLUG) Dipped More Than Broader Market Today [Yahoo! Finance]Yahoo! Finance
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Encourages Investors in Plug Power Inc. with Losses of $300,000 to Contact the FirmAccesswire
- PLUG SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman LLC Reminds Plug Power, Inc. Investors to Join the Class Action Lawsuit!Accesswire
- Shareholders That Lost Money on Plug Power Inc. (PLUG) Urged To Join Class Action – Contact Levi & Korsinsky To Learn MoreAccesswire
PLUG
Earnings
- 11/9/23 - Miss
PLUG
Sec Filings
- 4/8/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- PLUG's page on the SEC website