Plug Power shares are trading sharply higher Wednesday afternoon. The stock's climb comes as the Global X Hydrogen ETF, of which Plug Power is a major holding, touched a new 52-week high.
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 6.5% in the morning session after the stock extended its positive momentum from the previous day, fueled by favorable analyst commentary, strong sales figures, and significant bullish options activity.
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 5.8% in the afternoon session after the stock extended its positive momentum as investors reacted positively to analyst commentary highlighting strong sales momentum and recent business developments, including new partnerships and contract extensions.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how SolarEdge (NASDAQ:SEDG) and the rest of the renewable energy stocks fared in Q2.
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 1.4% in the morning session after BTIG reiterated its Hold rating on the company, with the market focusing on commentary highlighting strong sales momentum.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the renewable energy industry, including ChargePoint (NYSE:CHPT) and its peers.
The American manufacturing sector is currently trapped in a protracted downturn, characterized by a steady erosion of jobs and a sustained contraction in activity. Recent economic indicators paint a concerning picture, with thousands of manufacturing positions vanishing and key industrial gauges signaling a shrinking base. This persistent struggle carries immediate
The Biden administration's ambitious push to revitalize domestic manufacturing through historic investments faces a perplexing contradiction: a recent contraction in factory employment. Despite massive legislative efforts aimed at boosting American production and strengthening supply chains, the nation's factories have shed jobs, raising questions about the efficacy of current industrial policies
After battling high rates, supply challenges, and shifting policies, the clean energy sector is showing signs of life as several names begin to outperform.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Enphase (NASDAQ:ENPH) and the best and worst performers in the renewable energy industry.
A number of stocks fell in the afternoon session after the major indices continued to retreat (Nasdaq -1.5%, S&P 500 -1.2%) amid profit-taking and renewed concerns about tariffs.
Despite the cuts on wind and solar subsidies, here are three renewable energy stocks that could rebound amid oil volatility and growing U.S. electricity demand
A number of stocks fell in the afternoon session after markets pulled back with the decline concentrated in the tech space as investors engaged in profit-taking following a robust week that saw the S&P 500 hit a new record.
