How much did Plug Power stock cost in 2000?
The latest closing stock price for Plug Power as of April 08, 2022 is 26.02. The all-time high Plug Power stock closing price was 1498.00 on March 10, 2000. The Plug Power 52-week high stock price is 46.50, which is 78.7% above the current share price. The Plug Power 52-week low stock price is 17.51, which is 32.7% below the current share price.
Why did Plug Power stock drop Wednesday morning?
Apr 13, 2021 · What happened. Hydrogen fuel cell stock Plug Power ( PLUG -4.25% ) dropped another 5.6% in early trading on the Nasdaq Stock Market Tuesday, and is still down 3.8% as of 10:30 a.m. EDT. The stock ...
What is the highest a Plug Power stock has ever been?
Dec 14, 2021 · In addition, the two companies will partner on equipment supply coming from Plug Power . Plug Power shares have fallen 6% year-to-date. In November, Morgan Stanley raised its price target on Plug ...
What is the 52-week low stock price for Plug Power?
Sep 18, 2020 · PLUG Stock: A House of Cards. Plug Power has continuously struggled to turn a profit. More accurately, Plug Power has struggled to SELL its products at all. Take-up rates from Walmart and Amazon ...
Why did Plug Power stock go down?
Shares of Plug Power ( PLUG 3.20% ) sank 29.2% in December, according to data from S&P Global Market Intelligence. Concerns related to the omicron coronavirus variant prompted sell-offs early in the month, and the hydrogen fuel cell specialist's stock continued to fall as investors evaluated other risk factors.Jan 4, 2022
What did Plug Power do in 2000?
On March 10, 2000, shares of Plug Power closed at a whopping $1,498 per share -- and that was after hitting an intraday high of $1,510.Nov 27, 2020
What was Plug Power stock price in 2000?
$1,400In March 2000, Plug Power's stock price was $1,400 and the company had a market cap of $6 billion. Today the company has a market cap of $50 million and a stock price of $0.62.Oct 21, 2013
What is the problem with plug stock?
Key Points. Plug Power is losing investor confidence rapidly. A big problem is the company's astoundingly bad financial performance. There's a lot of potential growth ahead, but a company that's never proven it can make money may not be the best bet in energy today.Oct 12, 2021
Is plug a good stock to buy?
PLUG stock has an EPS Rating of 43, as it is not yet profitable. It has an A+ Accumulation/Distribution Rating, indicating strong buying among institutional investors. Plug Power's SMR Rating of D indicates that it outperforms 20% to 40% of other stocks.Mar 22, 2022
Who is Plug Power's main customer?
Plug Power's prominent customers include Amazon, Home Depot, and Walmart. The biggest advantage of using hydrogen over fossil fuels is a reduction in carbon emissions.Oct 28, 2020
What was Plug Power highest stock price?
The all-time high Plug Power stock closing price was 1498.00 on March 10, 2000.
Is plug profitable?
LATHAM – Plug Power (Nasdaq: PLUG) said it ended 2021 recording its highest quarterly revenue ever. The green hydrogen producer reported fourth-quarter revenue of roughly $162 million, according to the Securities Exchange Commission (SEC) Tuesday. However, its investors have yet to see a profit come from that.Mar 2, 2022
How many times has plug split?
Plug Power went public in October 1999 at $15 a share. As of the market close Monday, it was trading for $26.13. However, in 2011, it effected a 10-for-1 reverse stock split to maintain its Nasdaq exchange listing, which management said was important to the health of the company.Sep 4, 2021
Is plug a good stock to buy 2021?
Heading into 2022, PLUG stock is expected to deliver higher revenue and narrower losses. Market consensus sees Plug Power's top line expanding by +80% YoY from $499 million in fiscal 2021 to $899 million in FY 2022, according to sell-side financial estimates sourced from S&P Capital IQ.Jan 14, 2022
Will plug stock go back up?
Will Plug Power stock go up? Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 21 March by Wallet Investor for 2022–2027 said the price could be around $34.3 in a year's time.Mar 21, 2022
What do analysts say about Plug Power?
The 25 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 38.00, with a high estimate of 78.00 and a low estimate of 21.00. The median estimate represents a +34.09% increase from the last price of 28.34.
An analysis of Plug Power stock pricing year-to-date
Currently, PLUG stock reps a share value at a rate of 12 percent lower than the beginning of the year. The shares experienced major growth during the first month of the year, but that success soon turned bearish.
Why is PLUG stock lacking?
The latest downturn for Plug Power doesn't actually have to do with the company itself. Instead, it's a shift in the competitive landscape.
An optimistic forecast for Plug Power stock
According to analysts, Plug Power's YTD bearish behavior means the stock has room to grow. While shares could stay stagnant or decrease marginally over the next 12 months, more experts are in consensus that investors will see growth between 48.5 percent and 175.7 percent.
What investors are saying about PLUG
The sentiment for PLUG stock is down in the interim. However, downward movement won't phase all investors.
How many companies have dropped 20 percent of their market cap in one day?
It's in fashion. In fact, 47 companies on the S&P 500 have dropped 20 percent or more - at least a fifth -- of their market capitalization in just one day. Of those, 14 have dropped more than a third of their market cap in a trading session.
How much did Lucent lose in January?
Lucent Technologies � ( LU: Research, Estimates) set the tone in the first week of January when an earnings warning caused it to shed $48 billion, or 22 percent of its market capitalization, in a day. (It warned again on earnings after the market closed Tuesday, and lost $34 billion).
When did chip maker's value evaporate?
In all, $91 billion of the chip maker's worth evaporated on September 22, when it announced weak demand in Europe would cause third-quarter revenue to disappoint. Research company Baseline generated the numbers for this story.
Did Eli Lilly lose patent protection?
Eli Lilly lost patent protection sooner than expected for its antidepressant, Prozac, then saw a raft of earnings' and analysts' downgrades. But it keeps happening. "There have been a lot of high-profile companies taking a lot of extraordinary drops," Johnson said.
More details on Morgan Stanley's "downgrade" emerge
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Hydrogen fuel cell stock Plug Power ( NASDAQ:PLUG) dropped another 5.6% in early trading on the Nasdaq Stock Market Tuesday, and is still down 3.8% as of 10:30 a.m. EDT.
So what
According to a copy of Morgan Stanley's note, via TipRanks, in addition to the factors we already mentioned (worries that Plug stock has only "modest stock price upside" at its current valuation), we now know that Morgan Stanley has other concerns about Plug stock as well.
Now what
And that's not all. While Morgan Stanley listed several "risks" to Plug's business, the scenario it lays out for how Plug will overcome these risks is arguably of even greater concern.
How much did Plug raise in 2019?
As investor interest in electric vehicles and clean energy grew, so did Plug’s ability to convert its debt into equity. In 2019, the company raised $158 million from stock sales. And in 2020, the company raised another $205 million in a convertible senior note sale.
How much does Plug Power spend on R&D?
The company remains the top hydrogen fuel cell maker in the U.S., and number four or five worldwide. It spends almost $40 million per year on R&D and may yet create a breakthrough in fuel cell efficiency.
What is plug power?
And Plug Power is one of the most prominent players. Hydrogen fuel cell technology provides far faster recharges than lithium-ion batteries, currently used in Tesla (NASDAQ: TSLA) and other electric vehicles.
How many units did Plug's Gendrive sell?
Since its 2007 release, PLUG’s GenDrive has sold just 35,000 units across 2,800 systems. The terms weren’t that good either. To make its $70 million deal with Amazon in 2017, the company had to offer 19% of its shares as warrants to the e-commerce giant. Its $80 million Walmart sale went for 17% of its shares.
How many shares does Andrew Marsh own?
Today, CEO Andrew Marsh holds just 198,680 shares in the company and sells his stock options as quickly as he’s awarded them. Other officers, including its corporate controller, general counsel, and chief strategy officer, hold either zero shares or so few shares that the number looks like a rounding error.
Does plug require collateral?
When Plug creates an operating lease, its lenders require some form of collateral. Many leasing companies naturally use the underlying product (in Plug’s case, their hydrogen fuel cells). But the company also needs to set aside cash, known as “restricted cash,” on its balance sheet as additional collateral.
Is PLUG Stock A Buy As Investors Pump Breaks On Clean-Energy Stocks?
Hydrogen fuel cell maker Plug Power sees 2022 revenue surging 80% year over year to up to $925 million. Is PLUG stock a buy now?
Is a Surprise Coming for Plug Power (PLUG) This Earnings Season?
Plug Power (PLUG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Plug Power (PLUG) to Report Q4 Earnings: What's in the Cards?
Plug Power's (PLUG) Q4 earnings are likely to have gained from the growing popularity of fuel-cell solutions. High costs and operating expenses, supply-chain issues and forex woes might have hurt.
How do I cash in a paper stock certificate?
I'm just now going through my grandparent's desk and I found a stock certificate they bought in 1988 for Meredith Corp for 6,722 shares. How do I cash this in? After all this time is it even worth anything?
How to avoid Motley Fool articles
If you're like me and think Motley Fools articles are absolutely absurd and hate seeing them spammed across every DD search for stocks or companies, filter out every Motley Fool article by placing "-fool" at the end of google searches.
Nokia is firing from 5 to 10k people so they can invest hundred millions into the company
The goal is to save up €600M in expenses. Right now, Nokia counts 90.000 employees around the world. Depending on the market developments, in 2 years time Nokia can cut 10k jobs.
Roblox is insanely overpriced
I know that no one likes a bear and furthermore people feel connected to this stock since their kids play the game or because it's a video game and it's fun to invest in that stuff but facts over feelings when dealing with money because it has no feelings.
Here is a Market Recap for today Wednesday, March 10, 2021. Please enjoy!
Stocks were mostly higher on Wednesday after new data showed muted levels of inflation in consumer goods, helping quell fears of a rapid jump in prices during the economic recovery. Treasury yields retreated following the report. The 10-year Treasury yield is at 1.521% at the time of writing.
What happened
This week hasn't been a fun week to own shares of renewable energy company Plug Power (NASDAQ: PLUG) stock, which has declined for three straight sessions now, including today's 4.4% drop (as of 11:30 a.m. ET). But why is Plug stock falling at all?
Now what
Now why is this significant to Plug Power? It's not as if Plug was hoping to sell buses to Montpellier, after all. (If it were, you can be certain Plug would have issued a press release to announce it.)
The Motley Fool
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.
