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Today, Plug's stock trades about 99% below its IPO price. It also slumped about 10% over the past 12 months as investors shunned the market's more speculative stocks.
The XC90 Plug-in Hybrid is EPA-rated 58 mpg-equivalent combined during its 32-mile electric driving range. When the battery is depleted, it operates like a gas-electric hybrid and is rated 27 mpg ...
Plug Power (PLUG-5.33%) has now logged three straight months of double-digit percentage stock price drops, with shares of the hydrogen fuel cell maker tumbling another 16.1% in March after losing ...
Plug Power's projected muted revenue growth for Q1 and Q2. The hydrogen stock, however, is trying hard to reduce its cash burn. Earlier in April, the company added a new client, STEF, a European ...
Plug-in hybrids can, in theory, deliver the best of both worlds. They can run purely on electricity for 30-50 miles depending on the model, with similar neck-snapping acceleration as fully ...
Later in 2023, Plug further voiced optimism about the future, projecting 2027 revenue of about $6 billion and a gross profit margin of about 32% -- both of which seem extraordinarily unlikely ...