Connect with us

Hi, what are you looking for?

Investing

Plug Power stock tanks nearly 14% as earnings bring liquidity concerns

Shares of Plug Power Inc. were falling nearly 14% in Tuesday trading after the fuel-cell company’s latest earnings report brought a decline in liquidity and disclosures about financing initiatives.

Plug Power PLUG finished the first quarter with about $1.6 billion in unrestricted cash and available securities, down from roughly $2 billion as of the end of the December quarter.

Executives…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

Kymera Therapeutics, Inc. (NASDAQ:KYMR) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Justine Koenigsberg – VP, IRNello Mainolfi –...

News

This article was written by Follow Terry Chrisomalis is a private investor in the Biotech sector with years of experience utilizing his Applied Science...

News

This article was written by Follow ONeil Trader is a former stockbroker turned full-time independent investor. He focuses on finding growth and biotech stocks...

News

Delek US Holdings, Inc. (NYSE:DK) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Robert Wright – Deputy Chief Financial...