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0.00505076271618796 0.00505076271618796 5.10178052140141E-05 5.10178052140141E-05 0.00505076271618796 0.00249987245548692 0.00071424927299631 0.00499974491097395
Stock impact report

Stock Market Today, Dec. 31: Plug Power Rises After Clear Street Upgrades Rating Despite Lower Price Target [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
Trading volume reached 80.1 million shares, coming in about 36% below its three-month average of 124.9 million shares. Wednesday's moves followed a Clear Street rating upgrade to Buy with a reduced $3 price target. Investors are watching Plug Power's path to profitability and capital needs. The S&P 500 (SNPINDEX:^GSPC) fell 0.74% to 6,846, while the Nasdaq Composite (NASDAQINDEX:^IXIC) slipped 0.76% to 23,242. Within hydrogen fuel cell systems, industry peers Bloom Energy (NYSE:BE) and Ballard Power Systems (NASDAQ:BLDP) were mixed, reflecting ongoing sector scrutiny of financing, demand visibility, and data center power opportunities. Clear Street trimmed its price target for Plug Power to $3 from $3.50, based on shareholder dilution related to the company's recent convertible refinancing. The updated price target still implies more than 50% upside, though, which explains why the investment firm upgraded the stock to a "buy" rating. Yet a fresh round of financing last month a Show less Read more
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