The Latest Breaking News from Plug Power Inc

A slew of robust economic data and high inflation could lead the Fed to increase its benchmark rate higher in the coming months than it had previously forecasted. The Fed’s persistent hawkish stance could cause an economic downturn and induce more volatility in the stock market. Hence, fundamentally weak stocks…

The industrial machinery industry is expected to witness steady growth in the coming years amid robust demand and government support. However, the industry is currently crippled by macroeconomic headwinds. While we think industrial machinery stock, LSI Industries (LYTS), could be worth buying now, fundamentally weak Plug Power (PLUG) might be…

Fortescue Future Industries' electrolyser plant in Gladstone is going ahead as planned despite the loss of its 50-50 joint venture partner Plug Power Inc.

The industrial sector’s prospects look promising with favorable government policies and funding. Hence, fundamentally strong industrial stocks Hillenbrand (HI), Myers Industries (MYE), and LSI Industries (LYTS) could be added to your portfolio. However, Plug Power (PLUG) might be best avoided, given its bleak fundamentals. Read on….

Strong demand for industrial goods and favorable government policies are expected to boost the industrial sector’s long-term growth. However, stubborn inflation and the Fed’s aggressive rate hikes, and the rising recession odds have hit the sector this year. While we believe fundamentally strong industrial stocks Keysight Technologies (KEYS) and LSI…

Hydrogen fuel-cell solutions provider Plug Power (PLUG) is aiming to scale its business. However, its earnings for the third quarter missed analysts’ expectations by a wide margin. Given its weak fundamentals, the stock might be avoided now. Read on….

While inflation seemed to cool off in October, it is way above the Fed’s 2% target. As the Fed continues to fight sky-high inflation with aggressive rate hikes, chances of a recession are rising. Hence, fundamentally weak stocks Plug Power (PLUG), Bed Bath & Beyond (BBBY), and Faraday Future Intelligent…

The Fed’s aggressive rate hike regime has heightened recessionary concerns. Therefore, fundamentally weak stocks Plug Power (PLUG) and Peloton Interactive (PTON) might be best avoided. Read more.

Shares of Plug Power Inc. (NASDAQ:PLUG) moved lower by 46.97% in the past three months. Before having a look at the importance of debt, let's look at how much debt Plug Power has.

The Fed’s hawkish stance on inflation has raised the likelihood of a recession in the near term. Fundamentally weak stocks Marvell Technology (MRVL), Plug Power (PLUG), Riot Blockchain (RIOT), and Timber Pharmaceuticals (TMBR) have plummeted this year and might witness further downside. So, these stocks could be best avoided now.…

While demand remained steady, the industrial sector is facing increasing headwinds such as inflation, interest rate hikes, and persistent supply chain disruption. Amid this, we believe fundamentally bleak industrial stocks, Plug Power (PLUG) and FuelCell (FCEL), might be best avoided or sold short. Read on.