Investing in Plug Power Is a Gamble at This Stage [Yahoo! Finance News]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance News
Hydrogen fuel cells have gained a lot of traction in the ever-evolving alternative energy space. One of the major players in the business is Plug Power (NASDAQ:PLUG), which is pushing the boundaries in the industry. Despite a 160% growth in sales in the past two years alone, it is yet to turn a profit since its inception. However, its vertical integration strategies in the green hydrogen realm could be a significant catalyst for future growth. Nevertheless, its fuel cell business continues to lose ground to batteries. Hence, PLUG stock is a risky bet at this stage.Source: Alexander Kirch / Shutterstock.com Plug Power's second-quarter results came in ahead of expectations. Margins and volumes improved on the back of record gross billings. Despite the impressive results, earnings were still in the negative with record levels of cash burn.On top of that, you have Tesla (NASDAQ:TSLA) and other tech giants investing heavily in batteries.InvestorPlace - Stock Market News, Stock Advice & Tra
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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