LATHAM, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, Airbus, Hartsfield-Jackson Atlanta International Airport (ATL), and Delta Air Lines have joined forces to study the feasibility of a hydrogen-based hub at the world's busiest airport in support of advancing a more sustainable future of travel. The study, which was preliminarily launched earlier this year, will help define the infrastructure, operat ...

Energy Plug Appoints Jonathon Redbird to Board of Directors and Retains Renmark Financial Communications Inc.May 21, 2024 9:29 AM EDT | Source: Energy Plug Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - May 21, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), an energy technology company dedicated to innovation and sustainability, is pleased to announce the appointment of an additional member to the Company's Board ...

NEW YORK, May 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Plug Power Inc. (NASDAQ: PLUG).Shareholders who purchased shares of PLUG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/plug-power-inc-loss-submission-form-3/?id=80717&from=4 CLASS PERIOD: March 1, 2023 to Janu ...

The hydrogen story holds significant potential. We can see that with cheap hydrogen stocks like Plug Power (NASDAQ:PLUG), for example, which ran from a low of about $2.80 to $4.90. This boom came from the news that it received a commitment for a loan guarantee of up to $1.66 billion from the U.S. Department of Energy. That money is expected to fund about six green hydrogen production facilities across the U.S.“I think the loan kind of validates the vision,” said Plug Chief Executive Officer Andy Marsh in an ...

Pioneering in the hydrogen fuel cell tech for e-motors, Plug Power (NASDAQ:PLUG) is a game changer in the transportation sector. Despite concerns over its viability due to significant cash burn, the PLUG stock remains a speculative green energy gamble. The company has expanded hydrogen production, with plants in Georgia and Tennessee at full capacity and another in Louisiana expected to be completed by Q3 2024. To improve finances, PLUG implemented a plan to cut operational expenses by $75 million annually, ...

The company got another lifeline from the U.S. government, giving it more time to build a sustainable business.Fool.com contributor Parkev Tatevosian discusses what the latest loan from the U.S. Department of Energy could mean for Plug Power (PLUG -5.25%) stock investors. *Stock prices used were the afternoon prices of May 16, 2024. The video was published on May 18, 2024. ...

Plug Power stock has been very profitable for some, but the longer-term picture is surprising.Plug Power (PLUG -5.25%) stock has been a roller coaster. At times, over the past five years, shares have zoomed higher by more than 2,400%. At other times, shares have lost 90% of their value.If you had bought $500 of Plug Power stock five years ago and held on, how much would you have today?Plug Power as an investmentPlug Power is a hydrogen stock. Demand for hydrogen fuel is fairly low today, but in future decad ...

The story of growth just can't offset the massive dilution, the huge losses, and the weak balance sheet.In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the latest financial results, balance sheet, and trouble brewing for Plug Power (PLUG -5.25%). This video is a must-watch for anyone thinking to buy shares.*Stock prices used were from the afternoon of May 14, 2024. The video was published on May 17, 2024. ...

Hydrogen production is the key to the company's potential turnaround.When Plug Power (PLUG -5.25%) posted its first-quarter results, the issues that have plagued the company over the past year remained front and center. The biggest of these issues is the company's negative gross margins and cash outflows.The stock was down over 60% over the past year before news that the company received a huge $1.66 billion loan from the Department of Energy (DOE) sent shares skyrocketing higher. Let's look at its most rec ...

BENSALEM, Pa., May 17, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Plug Power Inc. ("Plug" or the "Company") (NASDAQ: PLUG).Class Period: March 1, 2023 – January 16, 2024Lead Plaintiff Deadline: May 21, 2024Investors suffering losses on their Plug investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-6 ...