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Today’s Research Reports on Trending Tickers: Plug Power, Inc. and Energous Corporation

NEW YORK, NY / ACCESSWIRE / January 9, 2018 / The Nasdaq and S&P 500 continued to hit new record highs Monday as investors appear to be encouraged by a strengthening U.S. economy and possible tax reform. The Dow hit a new intraday record before slipping into the red. The S&P 500 Index gained 0.17 percent to close at 2,747.71, while the Nasdaq Composite Index rose 0.29 percent to close at 7,157.39. The Dow Jones Industrial Average hit an intraday record of 25,311.99 before settling to close at 25,283.00, down 0.05 percent. The S&P 500 has now hit a new record close in every trading day in 2018, the longest streak since 1964.

"We're in a pretty good situation: the economy is doing great, everyone expects us to raise rates gradually ... and if the data change we can respond to that," said Fed President John Williams in an interview with Reuters.

RDI Initiates Coverage on:

Plug Power, Inc.
https://rdinvesting.com/news/?ticker=PLUG

Energous Corporation
https://rdinvesting.com/news/?ticker=WATT

Plug Power, Inc.'s stock moved 1.27% lower Monday, to close the day at $2.33. The stock recorded a trading volume of 3,720,670 shares, which was below its three months average volume of 4,475,459 shares. In the last year, Plug Power, Inc.'s shares have traded in a range of 0.83 - 3.21. The share price has gained 180.72% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $2.39 is greater than its 200-day moving average of $2.38. Shares of Plug Power have fallen roughly 3.32 percent in the past month and are down 1.27 percent year-to-date.

Access RDI's Plug Power, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PLUG

On Monday, shares of Energous Corporation recorded a trading volume of 11,815,360 shares, which was above the three months average volume of 2,846,135 shares. The stock ended the day 6.69% higher at 23.44. The share price has gained 239.22% from its 52 week low with a 52 week trading range of 6.91 - 33.50. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $11.87 is below its 200-day moving average of $12.27. Shares of Energous Corporation have gained roughly 181.73 percent in the past month and are up 20.51 percent year-to-date.

Access RDI's Energous Corporation Research Report at:
https://rdinvesting.com/news/?ticker=WATT

Our Actionable Research on Plug Power, Inc. (NASDAQ:PLUG) and Energous Corporation (NASDAQ:WATT) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com