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PLUG - Plug Power Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, Apr 14, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Plug Power (PLUG) - Get Report turned on the power Tuesday after the hydrogen fuel cell maker increased 2024 revenue projections after announcing two acquisitions.

    Shares of the Latham, New York-based company, were surging 25.2% to $6.97.

    Plug Power said it acquired United Hydrogen Group of Canonsburg, Pa., and Giner ELX of Newton, Mass., prompting the company to raise 2024 revenue projections to $1.2 billion from $1 billion.

    In addition, the company said it now expects to reach $210 million in operating income by 2024, up from an earlier projection of $170 million.
     
  2. StockJock-e

    StockJock-e Brew Master
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    Fuelcell news with Renault pushing it higher today
     

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