Times Union

Plug Power planning layoffs as part of $75 million cost-cutting plan

COLONIE — Latham fuel cell and "green" hydrogen manufacturer Plug Power plans to start laying off workers in an effort to reduce its expenses by $75 million a year as it tries to conserve cash amid ...
Seeking Alpha

Plug Power cut to Sell equivalent at Morgan Stanley as hydrogen too reliant on subsidies

Plug Power (NASDAQ:PLUG) -5.6% in Wednesday's trading as Morgan Stanley slashed its rating to Underweight from Equal Weight with a $3 price target, cut from $3.50, citing liquidity concerns and ...
Seeking Alpha

Plug Power cut to Sell equivalent at BMO, facing 'increasingly arduous path'

Plug Power (NASDAQ:PLUG) -8% in Wednesday's trading, surrendering a slice of the 31% surge in the previous session, as BMO Capital cut the stock to Underperform from Market Perform with a $2.50 price ...
Investing

Plug Power cut to Neutral at Citi, the company has a narrow way out, but the margin of error is small

Analysts at Citi downgraded Plug Power (NASDAQ:PLUG) to a Neutral rating (from Buy) and lowered the Price Target to $5 (from $12.50), noting that PLUG management's "subpar execution has led the ...
MarketWatch

Plug Power to cut jobs, among other moves meant to save $75 million a year

Plug Power Inc. plans to eliminate jobs and take other cost-cutting measures through an initiative meant to save $75 million a year, the company said Wednesday. The alternative energy company “will ...
Yahoo Finance

Plug Power (PLUG) Extends Run on 6th Day as Rate Cut Sparks Optimism

We recently published All-Time Rush: 8 of 10 Big Names Hit Fresh Record Highs. Plug Power Inc. (NASDAQ:PLUG) is one of the best performers on Wednesday. Plug Power extended its winning streak to a ...