Plug Power raises financial guidance as hydrogen stocks jump [Toronto Globe and Mail (Ontario, Canada)]
Plug Power, Inc. (PLUG)
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Source: Toronto Globe and Mail
Plug Power raises financial guidance as hydrogen stocks jump Plug Power Inc. ( PLUG-Q ) has raised its financial guidance and reiterated its enthusiasm for hydrogen fuel cells, days after a short-seller mocked the company for making “fool” cells. Shares in Latham, N.Y.-based Plug Power jumped on Tuesday, along with stocks of other companies in the hydrogen sector, including Ballard Power Systems Inc., ( BLDP-T ) the fuel cell maker based in Burnaby, B.C. The rally in share prices came after Plug Power chief executive officer Andy Marsh forecast gross billings for the company at US$475-million for this year, up from the previous guidance of US$450-million and sharply higher compared with 2020. He added that Plug Power envisages its revenue in 2024 could be US$1.7-billion, or 40 per cent higher than its previous target. Recent gains in the hydrogen industry reflect advances in technology, as concerted efforts are made to push the fuel closer to much wider use, and the Biden administrati
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- Shareholders that lost money on Plug Power Inc.(PLUG) should contact The Gross Law Firm about pending Class Action - PLUGPR Newswire
- Plug Power Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before May 21, 2024 to Discuss Your Rights - PLUGAccesswire
- PLUG INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Plug Power, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!Accesswire
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Plug Power Inc. Lawsuit – PLUGAccesswire
PLUG
Earnings
- 11/9/23 - Miss
PLUG
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- PLUG's page on the SEC website