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News Breaks
June 18, 2014
14:46 EDTPLUGPlug Power in sharp but stable rise all session, levels to watch
The stock has been on a sharp but stable rise all day, with a low near yesterday's close at $4.32 and a high at $5.07. At the current price of $5.02, the stock is up over 17%. On a longer-term basis the shares have broken out above the prior range high at $4.85 which has been in place since early May. This is a technical positive for the stock as is the breakout on 1.8 times normal trading volume. Next resistance is at $5.33.
News For PLUG From The Last 14 Days
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November 19, 2015
09:16 EDTPLUGOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Keurig Green Mountain (GMCR), up 19%... (CTRP), up 11.8%... (CRM), up 5.4%... Perry Ellis (PERY), up 4%. ALSO HIGHER: Celladon (CLDN), up 55.9% after signing a merger agreement with Eiger BioPharmaceuticals... StemCells (STEM), up 45.7% after Phase II Pathway Study data shows motor improvement in SCI patients... UniPixel (UNXL), up 36.1% after receiving an initial mass production order from a Japanese PC manufacturer... Anavex Life Sciences (AVXL), up 16% after announcing preparation of regulatory filings based on guidance from FDA... Plug Power (PLUG), up 3.7% after securing Colruyt Group as its next GenDrive fuel cell customer in Europe. DOWN AFTER EARNINGS: Stage Stores (SSI), down 14.7%... JinkoSolar (JKS), down 7.5%... Best Buy (BBY), down 5.2%... Semtech (SMTC), down 7.5%. ALSO LOWER: AMAG Pharmaceuticals (AMAG), down 8.4% after receiving a complete response letter from the FDA its application seeking approval for a single-dose vial of Makena... Titan International (TWI), down 8.3% after being downgraded to Sell from Neutral at Goldman... Sunedison (SUNE), down 5.5% after Reuters reported that Blackstone (BX) is not interested in SunEdison investment.
08:41 EDTPLUGPlug Power secures Colruyt Group as next GenDrive fuel cell customer in Europe
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November 13, 2015
09:27 EDTPLUGOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Blue Buffalo (BUFF), up 8.2%... Applied Materials (AMAT), up 3.8%... Planet Fitness (PLNT), up 9.8%... Lipocine (LPCN), up 16.2% after reporting quarterly results and that the FDA has assigned a Prescription Drug User Fee Act goal date of June 28, 2016. ALSO HIGHER: Mylan (MYL), up 10.9% after Perrgo (PRGO) shareholders did not tender enough shares for the hostile takeover bid to succeed... Plug Power (PLUG), up 7.3% after entering into a strategic supply agreement with 3M (MMM)... Yum! Brands (YUM), up after reporting that October China Same-Store Sales are up 5%. DOWN AFTER EARNINGS: Fossil (FOSL), down 24.5%... Fossil (JWN), down 20.6%... El Pollo LoCo (LOCO), down 15.1%... Cisco (CSCO), down 4.1%.... Tyco (TYC), down 4.1%... J.C. Penney (JCP), down 6.8%. ALSO LOWER: Fitbit (FIT), down 8.4% after 17M share Secondary priced at $29.00... GameStop (GME), down 8% after being downgraded to Sector Weight from Overweight at Pacific Crest... Lions Gate (LGF), down 2.6% after 3.4M share Spot Secondary priced at $39.43... Perrigo is down 10.5% after shareholders did not tender enough shares for the hostile takeover bid to succeed.
07:05 EDTPLUG3M, Plug Power announce strategic supply agreement
Plug Power (PLUG) and 3M (MMM) announce a supply agreement for membrane electrode assemblies, or MEAs, to be used in Plug Power designed proton exchange membrane, or PEM, fuel cell stacks. Through this strategic supply agreement, robust fuel cell stacks will be manufactured in Plug Power's Latham, NY and Spokane, WA facilities to support the $20B material handling market. Additionally, this new fuel cell stack technology will be utilized to expand Plug Power's presence into hydrogen enabled electric vehicle applications outside of the material handling market. Fuel cell systems using the 3M MEA's and Plug Power stack design will begin shipments in Q4.

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