Plug Power posts swelling losses, and its stock is losing juice

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Shares of Plug Power were falling in Wednesday's extended session after the alternative-energy company saw its quarterly losses swell more than expected.

Shares of Plug Power Inc. were falling in Wednesday’s extended session after the alternative-energy company saw its losses for the second quarter swell more than Wall Street was anticipating.

Plug... Shares of Plug Power Inc. were falling in Wednesday’s extended session after the alternative-energy company saw its losses for the second quarter swell more than Wall Street was anticipating. Plug Power’s PLUG net revenue increased to $260.2 million from $151.3 million, while analysts had been looking for $237.7 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

France: Plug-In Car Sales Improved 50% In July 2023In July, 30,097 new passenger plug-in electric cars were registered in France (up 50% year-over-year), which represented 23.3% of the market. New passenger car registrations in France increased in July by 20 percent year-over-year to 128,947, taking the year-to-date total to 1,018,732 (up 15.8 percent year-over-year). The plug-in electric car segment was growing even faster last month.
Source: InsideEVs - 🏆 579. / 51 Read more »

5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day. WeWork's stock fell 26% in extended trading Tuesday after the news was released, bringing its market cap below $500 million.
Source: CNBC - 🏆 12. / 72 Read more »