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Plug Power shares are trading lower on Friday, pulling back following a recent partnership announcement with Walmart.
Consumer Reports finds PHEVs experiencing about 80% more problems than gas cars, highlighting specific models that are dragging down reliability scores.
Plug-in hybrids can serve as a bridge to electric vehicles, offering 30–50 miles of electric-only range before a gas engine takes over.
If you're an investor seeking more stability and near-term opportunity for profitability, the advantage lies with Bloom Energy. However, Plug Power could be the breakout stock of the next 10 years for those with a higher risk profile. Plug wins the decade if green hydrogen takes off.
Plug Power shares are trading sharply higher Friday afternoon, with the stock up about 13% to roughly $2.24, extending a week-long rebound.
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The Most Reliable Plug-In Luxury SUVs
The Volvo XC60 sets the gold standard for plug-in luxury SUV reliability, with the Porsche Cayenne and Audi Q5 close behind.
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Why Plug Power (PLUG) shares are plunging today
What Happened? Shares of fuel cell technology Plug Power (NASDAQ:PLUG) fell 7.3% in the morning session after an analyst at TD Cowen downgraded the stock to Hold from Buy and lowered the price target to $2 from $4.
Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, announce its participation in the Goldman Sachs Energy, CleanTech & Utilities conference hosted in Miami,