Piper Sandler downgraded hydrogen supplierPlug Power(NASDAQ:PLUG) to “underweight” and cut its price target on PLUG stockfrom $6.50 to $2.30. In response, Plug Power stock fell 6% on Dec. 18 and another 4% overnight. It opened this morning at $4.27 per share, its market capitalization...
Electric vehicle makerNio(NYSE:NIO) successfully established itself as a premium brand within the China market. It differentiated itself from rival EV companies by creating a battery-swap business to serve as an alternative to charging. Yet vehicle margins are narrowing and NIO stock remains...
What happenedPlug Power (NASDAQ: PLUG) stock rocketed on Monday and was up a whopping 14.4% as of 11:50 a.m. ET, but it wasn't the only hydrogen stock rebounding so sharply this morning. Here's how other notable hydrogen fuel cell stocks are faring:
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audio and infotainment systems. HARMAN has a workforce of about 11,800 people across the Americas, Europe and Asia, and reported sales of $3.5 billion for the twelve months ended December 31, 2010. The Company’s shares are traded on the New York Stock Excha...
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The company may believe itshydrogen fuel cell (HFC)technology is the wave of the future. So far, though, it has had to pay a pretty price to build its popularity. Plug Power could very well meet its five-year financial plan, but shareholders entering the stock today may see minimal benef...