Shares of hydrogen fuel cell (HFC) specialist Plug Power (NASDAQ:PLUG) popped higher on Tuesday before dipping slightly following a key hiring announcement. The company announced that Dean Fullerton will step in as the new Chief Operating Officer. Previously, Fullerton worked at Amazon (NASDAQ:AMZN), where he led engineering services for North America, Europe and emerging markets. Though the announcement drew positive attention to PLUG stock, the underlying business environment remains challenging.According ...

Management says things are getting better, but this one number says something else entirely.In this video, Motley Fool contributor Jason Hall breaks down the latest with Plug Power (PLUG -3.61%) and offers up one number that should make investors very cautious about buying shares.*Stock prices used were from the morning of July 25, 2024. The video was published on July 29, 2024. ...

This little hydrogen energy company still has a lot to prove.Plug Power (PLUG 6.87%) was one of the hottest stocks of the dot-com bubble. The provider of hydrogen charging solutions went public at a reverse split-adjusted price of $150 in October 1999 and hit a record high of $1,498 on March 10, 2000.But today, Plug Power's stock trades at less than $3. Its investors retreated as the dot-com bubble burst, its growth slowed down, and it racked up steep losses. A delayed filing of its annual report for 2020 - ...

Plug Power (NASDAQ:PLUG) stock experienced wide volatility in July. However, its recent drop suggests this may be an opportune time to buy the dip. Plug Power stock rose earlier in the month before falling 15% last Friday, July 19, bringing the 1-year losses to 80%. The recent crash occurred after the company announced plans to sell $200 million in additional shares, representing around 11% of Plug Power’s current market capitalization. However, its PLUG stock price has since found support at around $2.30. ...

Is this a buying opportunity for the stock of this hydrogen fuel cell producer?Shares of Plug Power (PLUG -13.87%) were sinking after the hydrogen fuel cell producer announced a secondary stock offering to help it raise cash. The downward move in the stock only added to its recent woes, with its price now plunging over 75% in the past year.Let's look at the energy company's secondary offering and why the timing of this announcement likely is not good for the stock.Plug Power needs to raise more cashPlug Pow ...

Plug Power is a lot better at selling stock than selling fuel cells.Plug Power (PLUG -13.35%) stock tumbled more than 17% in morning trading Friday after the fuel cell and hydrogen fuel production company announced the surprise sale of more than 78.7 million shares of stock in an effort to raise cash to keep itself in business. As of 2:20 p.m. ET, shares are still down 13.7%.What Plug Power is selling -- and whyPlug Power closed at $2.92 per share last night, but the company said it will be selling its stoc ...

Plug Power (NASDAQ:PLUG) is among the green energy companies experiencing significant selling pressure today as broader market forces work against growth stocks. In this afternoon’s session, PLUG stock has declined about 13% on the news that the company is looking to raise additional capital.The company announced that it expects to offer approximately 79 million shares to investors at a price of $2.54 per share. That’s significantly below yesterday’s close of $2.92. At the time of writing, PLUG stock is tra ...

Key TakeawaysPlug Power said it would offer roughly 79 million shares at a price of $2.54 each, which would generate gross proceeds of $200 million.The price was below Thursday's close, and the company's shares fell Friday. The company didn't specify a use for the proceeds. Plug Power (PLUG) stock tumbled after the company said it would sell more shares to the public, which it expects to generate $200 million in proceeds. The hydrogen fuel cell producer said it would sell nearly 79 million shares at $2.54 e ...

文章核心观点 - 公司正在建设一个端到端的绿色氢能生态系统,从生产、储存和运输到发电,帮助客户实现业务目标并实现经济去碳化 [5] - 公司已部署超过69,000个燃料电池系统和250个加氢站,是全球最大的液体氢买家 [5] - 公司正在建设一个覆盖北美和欧洲的绿色氢能公路,并建立了一个先进的电解槽和燃料电池生产厂,同时正在开发多个绿色氢能生产厂,预计2028年底前实现商业运营 [6] 公司概况 - 公司是全球领先的绿色氢能综合解决方案提供商 [1] - 公司通过自身和合资伙伴,将绿色氢能解决方案直接提供给客户,应用于多个领域,包括物料搬运、电动出行、发电和工业应用 [6] 融资情况 - 公司宣布以每股2.54美元的价格公开发行7,874万股普通股,预计总募资约2亿美元 [1][2] - 公司还授予承销商30天的超额配售权,可额外发行1,181万股 [1] - 公司计划将募集资金用于一般公司用途 [2] - 本次发行由摩根士丹利担任独家簿记管理人,其他券商担任联席经理 [3]

LATHAM, N.Y., July 19, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (“Plug Power”) (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the pricing of its previously announced underwritten public offering of 78,740,157 shares of its common stock at a price to the public of $2.54 per share. The offering is expected to close on or about July 22, 2024, subject to market and other customary closing conditions. In connection with the offering, Plug Power ...