Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win [Yahoo! Finance]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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Source: Yahoo! Finance
Those include subsidies toward solar and wind projects, plus electric-vehicle incentives. It was a tough week for clean-energy stocks after Donald Trump clinched the presidency, but for the short-sellers betting against them, the gains have been impressive. Traders betting against renewables have gains on paper of about $1.3 billion since Trump's win sent stocks in the sector tumbling, Bloomberg said. Among the most shorted renewable names are Plug Power, SolarEdge Technologies, and Enphase Energy, which have each seen declines of over 24% since the market close on Tuesday. First Solar and Bloom Energy have also been popular targets for short-sellers and have lost about 11% and 3%, respectively, since Tuesday. The renewables sell-off comes after Trump won the US presidential election earlier this week. Trump, who frequently used the slogan "drill, baby, drill" while on the campaign trail, is expected to roll back many of the Biden administration's clean-energy initiatives.
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News
- Plug Power (PLUG) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Plug Power (PLUG) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Plug Power (NASDAQ:PLUG) Misses Q3 Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Plug Power Announces Key Strategic Milestones and Continued Margin Improvement in Third Quarter 2024GlobeNewswire
- 2 No-Brainer Hydrogen Stocks to Buy With $200 Right Now [Yahoo! Finance]Yahoo! Finance
PLUG
Earnings
- 11/12/24 - Miss
PLUG
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 424B7
- 11/12/24 - Form 10-Q
- PLUG's page on the SEC website