Plug Power Inc PLUG shares are trading higher by 13.4% at $22.76, bouncing back following earlier weakness. The company late Monday provided preliminary first-quarter results, guiding gross billings of over $70 million and revenues of $67 million, below estimates.
See Also: Plug Power Stock Analyst Says Audit Overhang Lifting: What Investors Need To Know
Shares of clean energy manufacturing peer FuelCell Energy Inc FCEL are trading higher by 7.42% at $7.79 in sympathy with Plug Power.
See also: How to Buy Plug Power (PLUG) Stock
Photo courtesy of Plug Power.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.