|Bid||0.00 x 3100|
|Ask||0.00 x 900|
|Day's Range||24.84 - 28.13|
|52 Week Range||12.37 - 44.95|
|Beta (5Y Monthly)||3.44|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 04, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||29.90|
Subscribe to Yahoo Finance Plus to view Fair Value for BELearn more
Plug Power (NASDAQ: PLUG) has spent the past year working to expand its supply of green hydrogen production and increasing the use of hydrogen as a fuel. Plug Power has partnered with several overseas companies in the process, and one of them announced a deal with a competitor today. Investors see that as good news for Plug Power, and drove its shares up 6.2% as of 2:50 p.m. EDT.
FEATURE Shares of Bloom Energy climbed sharply after the renewable electric power provider announced a $4.5 billion supply agreement with SK Group. The subsidiary of the South Korean Group, SK Ecoplant, agreed to purchase at least 500 megawatts of power from Bloom Energy (ticker: BE) through 2024.
Bloom Energy Corp (NYSE: BE) and SK ecoplant, an affiliate of South Korean conglomerate SK Group, expand their existing partnership to strengthen their position in the hydrogen and power generation markets. Under the partnership, SK ecoplant targets approximately $500 million equity investment in Bloom Energy. SK ecoplant will add a member to the Bloom Energy Board. SK ecoplant will invest $255 million in Bloom Energy by acquiring 10 million shares of zero-coupon, non-voting redeemable convertib