Fuel cell product maker Plug Power priced an underwritten secondary stock offering of 22.6 million shares at $5.50 Friday morning. Shares opened at $5.62 Friday, down 6.5% from Thursday's close.
Plug Power is doing something that is good for the company, but at the expense of existing shareholders. The controversialcompany filed to raise capital via the sale of common stock.
Jon C. Ogg Plug Power has announced that it signed a non-binding agreement with Hyundai Hyscoto form a joint venture partnership that will develop and market hydrogen fuel cells throughout Asia.
ThinkstockThe fuel cell sector is getting some rekindled interest on Tuesday. These names have pulled back handily from their highs and during the sell-off, but these stocks will remain controversial battleground stocks…
Anyone looking for a long-term investment in the fuel cell makers soon will be seriously disappointed. As one research firm pointed out, these are all "casino" stocks -- the action is what…
thinkstockMarch 25, 2014: Markets opened higher on Tuesday but dipped sharply in the late morning on weakness in consumer discretionary, financial, and biotech stocks. The Dow and the S&P 500 held on…
Since the beginning of the year, fuel cell makers Plug Power and FuelCell Energy have posted share price gains of around 289% and 76%, respectively, with most of the spike coming since…
thinkstockMarch 18, 2014: Markets opened higher on Tuesday and the number buyers rose throughout the day. There was something of a Vladimir Putin rally today following Russia’s formal annexation of Crimea, Putin’s…
ThinkstockThis past week marked the fifth anniversary of the bottom of the market from March 2009. To celebrate those massive gains since then, the Dow Jones Industrial Average has now fallen five…
Roth Capital downgraded the Plug Power stock from Buy to Neutral Friday morning, but the impact on the share price has been modest. The share price of the fuel cell maker more…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Friday, March 14, 2014. They include Alcoa, BP, NetApp, Plug Power and Teva Pharmaceutical.
Plug Power reported mixed fourth-quarter and fiscal year 2014 results before markets opened Thursday morning. The company said it was on track to break even by the third quarter of this year.
thinkstockMarch 11, 2014: Markets opened mixed on Tuesday and turned sharply lower in mid-morning trading as copper prices tumbled below $3 a pound, a level not seen since mid-2010. Because copper is…
ThinkstockApparently enough is enough when it comes to stocks experiencing exponential gains. Citron Research has issued a Stocklemon report on the high-flying Plug Power Inc. (NASDAQ: PLUG). Beware from here as well…
ThinkstockFuelCell Energy Inc. (NASDAQ: FCEL) reported first-quarter fiscal 2014 results after markets closed Monday afternoon. The fuel cell maker reported an adjusted diluted earnings per share (EPS) loss of $0.04 and $44.4…
