Plug Power Inc is a leading provider of clean hydrogen and fuel cell systems that are aimed at advancing the adoption of renewable energy solutions for various industries. The company specializes in designing and manufacturing hydrogen fuel cell technology, which serves as a sustainable alternative to traditional battery power, particularly for electric vehicles and material handling equipment. Through its innovative products and services, Plug Power is committed to reducing carbon emissions and promoting the use of hydrogen as a clean energy source in order to support the growing demand for environmentally friendly energy solutions. Read More
Plug Power's stock soared after announcing a new $5.5 billion Uzbekistan green energy deal. Further boosting confidence, the company's Chief Financial Officer purchased 650,000 additional company shares.
LATHAM, N.Y., June 09, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced that Chief Financial Officer Paul Middleton has purchased an additional 650,000 shares of Plug’s common stock on the open market. On June 9, 2025, Middleton acquired 650,000 shares at an average price of $1.0339 per share.
Plug Power shares surged 13% to 98 cents Friday, driven by clean energy sentiment for the session. Recent revenue growth, financing moves and executive buying are potentially bolstering investor confidence.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn -
over the past six months, the industry has pulled back by 9.4%. This drop was worse than the S&P 500’s 2.4% decline.
Fuel cell technology Plug Power (NASDAQ:PLUG) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 11.2% year on year to $133.7 million.
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Plug Power shares jumped 12.5% Wednesday, extending May gains from financing and executive actions. The stock rose after Q1 earnings and insider stock purchases, despite ongoing liquidity concerns.
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