Plug Power's stock pulls back to snap long win streak after unveiling highlights of annual Symposium

Published: Oct. 14, 2021 astatine 10:21 a.m. ET

In an evident lawsuit of bargain the rumor, merchantability the news, shares of Plug Power Inc. pulled backmost 4.4% successful greeting trading, putting them connected way to drawback a seven-day triumph streak, aft the aft the hydrogen and fuel-cell systems institution unveiled immoderate highlights of its much-anticipated yearly Symposium. The banal had soared 12.8% connected Wednesday, aft a Morgan Stanley upgrade, and had soared 38% implicit the past 7 days. The institution said it present expects 2022 income of $825 cardinal to $850 million, which is supra the FactSet statement of $759.7 million. Plug besides established 2025 income guidance of $3 billion, which compares with the...