Shares of EV, charging and clean energy vehicle stocks, including Plug Power Inc (NASDAQ: PLUG), are trading higher Wednesday morning. Strength is possibly related to US infrastructure optimism, as clean energy has been a focus of the Biden administration.
Battery storage had a total makeover in the last decade. In 2010, batteries powered our phones and computers. Today, they power our cars and houses, too.
After pulling data from Benzinga Pro it seems like during Q1, Plug Power's (NASDAQ:PLUG) reported sales totaled $71.96 million. Despite a 90.41% in earnings, the company posted a loss of $48.28 million.
Shares of Plug Power (NASDAQ:PLUG) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $26.46.