Plug Power Inc is a leading provider of clean hydrogen and fuel cell systems that are aimed at advancing the adoption of renewable energy solutions for various industries. The company specializes in designing and manufacturing hydrogen fuel cell technology, which serves as a sustainable alternative to traditional battery power, particularly for electric vehicles and material handling equipment. Through its innovative products and services, Plug Power is committed to reducing carbon emissions and promoting the use of hydrogen as a clean energy source in order to support the growing demand for environmentally friendly energy solutions. Read More
Shares of Plug Power are experiencing a pullback on Tuesday. The surge was driven by reports that the US Senate has extended a critical clean energy tax credit.
Peraso Inc. (NASDAQ: PRSO) has secured its first production order for a 60GHz wireless video system designed for educational environments, marking a strategic expansion into the classroom connectivity market. The system enables low-latency, high-speed video streaming without overloading congested school Wi-Fi networks, using Peraso’s mmWave platform to deliver reliable performance in high-density settings.
Synergy CHC Corp. (NASDAQ: SNYR), a rising consumer staple health company, has announced a wave of major expansion throughout North American for its FOCUSfactor® supplements and functional beverage brands, across mass, grocery, convenience, and wholesale channels. Functional Beverage Momentum
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 26.7% in the afternoon session after the U.S. Senate revealed changes to a GOP tax bill that extends hydrogen tax credits. The updated bill pushes the expiration of these crucial tax credits to January 1, 2028, giving hydrogen producers a two-year longer runway to scale operations and make green hydrogen more cost-competitive against fossil fuels.
SLINGERLANDS, N.Y., June 24, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in end-to-end hydrogen solutions for the green hydrogen economy, today announced its participation in two upcoming investor conferences, reinforcing its commitment to ongoing engagement with the financial community.
Plug Power shares fell Tuesday on fears of proposed clean energy tax cuts. The stock is now rebounding from the recent sell-off driven by policy concerns.
A Senate tax bill slashing renewable energy credits is potentially causing Plug Power stock to fall. Reduced incentives and high short interest suggest a bearish outlook for stock.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
This development triggered a significant decline in oil prices, easing inflation concerns.
Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week.
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the renewable energy industry, including Plug Power (NASDAQ:PLUG) and its peers.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
Plug Power stock is surging this week on a new project and a large insider share purchase. The rally fights high short interest, potentially creating a short squeeze.
Plug Power shares are higher amid a major Uzbekistan partnership and large insider share purchase. The company's shares are extending their rally on Wednesday amid very high short interest.
