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home / news releases / WMT - Can Plug Power Stock Rebound To $50? I'm Doubtful

WMT - Can Plug Power Stock Rebound To $50? I'm Doubtful

Walmart Inc.
  • PLUG has achieved a following through partnerships on fuel cell powered forklifts (Amazon, Walmart) potentially light commercial vehicles (Renault) and emerging US and Spanish hydrogen networks.
  • Investment by South Korean SK Group indicates a potential entry into the hydrogen-friendly South Korean market, with focus on stationary opportunities.
  • Share price has waxed and waned due to announcements and then muted delivery.
  • Plug Power is cashed up, but can it deliver and is it choosing the right focus or just using a scattergun approach to hydrogen? This leads to doubts that the share price will revisit $50 any time soon.

For further details see:

Can Plug Power Stock Rebound To $50? I'm Doubtful
Stock Information
Company Name: Walmart Inc.
Stock Symbol: WMT
Market: NYSE
Website: stock.walmart.com
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