The 5 Biggest Buyers of Plug Power (PLUG) Stock in Q1
Plug Power(PLUG) Investor Place·2024-05-31 02:47
The Energy Select Sector SPDR Fund (NYSEMKT:XLE) is up by about 7% year-to-date, although Plug Power (NASDAQ:PLUG) stock is trailing that return by a wide margin with its loss of 29%.However, PLUG stock has been up over 15% since it reported its first-quarter earnings on May 9. On March 14, the green hydrogen company announced that it had received a $1.66 billion conditional commitment loan guarantee from the Department of Energy’s Loan Programs Office.During the quarter, Plug’s revenue fell by a significan ...