Reported 1 day ago
Plug Power Inc. (NASDAQ:PLUG) experienced an 8.48% increase in share prices, closing at $1.79, as the fuel cell market is projected to grow significantly. A report from BCC Research highlights a expected surge in the fuel cell generator market from $1.4 billion to $3.1 billion by 2029, driven by demand for reliable power supply. As a key player in this sector, Plug Power is poised to benefit from these trends, anticipating second quarter revenues between $140 million and $180 million.
Source: YAHOO