Plug Power, Inc. (NASDAQ:PLUG) shares are trading lower Thursday. Shares of PLUG remain up nearly 17% over the last month.
What To Know:
On Monday, Morgan Stanley analyst Andrew Percoco reiterated Plug Power with a rating of Equal-Weight and maintained a $15 price target for the stock.
On Tuesday, two Plug Power insiders reported large acquisitions of company stock options, according to SEC filings. Patrick Joggerst, director at Plug Power, and Mark Bonney, board member, were each awarded stock options worth 20,548 shares of PLUG with the right to purchase at $10.95 per share.
PLUG stock has recevied attention from retail investors and short sellers alike. According to data from Benzinga Pro, 20.29% of available shares are currently being sold short.
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PLUG Price Action: According to Benzinga Pro, Plug Power shares are trading 4.29% lower at $12.61 at the time of publication.
Image: Memed_Nurrohmad from Pixabay
