Plug Power rises 5% to $4.75 The afternoon move higher in shares of Plug Power (PLUG) is said to coincide with a post to the company's corporate blog regarding Fed Ex's (FDX) testing of Plug Power's solutions in airport ground support equipment, according to contacts. The purported post to the company's blog has since been removed. Reference Link
Plug Power backs FY15 revenue guidance of over $100M, consensus $99.96M Plug Power highlighted strong fuel cell and hydrogen infrastructure shipments and installations in Q2 allowing for a record revenue quarter. The company is on track to achieve its previously announced 2015 financial targets. The company projects bookings of more than $200M in 2015, with approximately 75% coming from repeat customers.