|Bid||40.15 x 1000|
|Ask||40.18 x 1000|
|Day's Range||39.57 - 42.11|
|52 Week Range||18.47 - 75.49|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 23, 2022 - Feb 28, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.65|
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Traders clicked the sell button on hydrogen stocks due to fears that their growth could face a fresh impediment.
Plug Power (PLUG) enters into a deal with Fertiglobe and its partners to provide electrolysis technology for a 100 megawatts electrolyzer. Its Applied Cryo buyout will boost its green hydrogen ecosystem.
Plug Power (NASDAQ: PLUG) shares popped on Wednesday, rising 1.8% as of 1:25 p.m. ET on Nov. 24. Plug Power is clearly on a roll as far as investments into growth are concerned, and that has investors in the renewable energy stock excited. On Nov. 24, Plug Power announced an order for a 100-megawatt (MW) electrolyzer from Abu Dhabi-headquartered chemicals giant Fertiglobe to produce green hydrogen as feedstock for an ammonia production plant in Egypt.