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5.29128525318742E-05 0.00269855547912593 -0.00523837240065613 -0.00259272977406207 0.00269855547912593 -0.00259272977406207 -0.00523837240065613 0.0106354833589079
Stock impact report

Why Plug Power Stock Plunged on Friday After an Early Week Rally [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
Plug Power (NASDAQ: PLUG) stock surged by as much as 15.3% at its highest point in trading this week before reversing course on Thursday. And on Friday morning, shares of the hydrogen and fuel cell maker crashed by more than 8% and were trading 3.5% lower for the week through 11 a.m. ET, according to data provided by S&P Global Market Intelligence Plug Power announced a new strategy this week that could bring in some cash, but a fresh development in another part of the clean energy industry dampened investor sentiment and sent the hydrogen stock tumbling again. Why Plug Power stock rose previously This week, Plug Power announced it was initiating a new equipment leasing platform that could help it raise $150 million in the mid-to-near term. To start, it signed three sale and leaseback transactions worth $44 million with GTL Leasing, a lessor of hydrogen storage and transport equipment. Private equity firm Antin Infrastructure Partners owns a majority stake in GTL. Under such Show less Read more
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