Plug Power, Inc.
Short

PLUG - Bearish 🧸

848
-While Plug Power didn't have anything to report Monday morning, Hyzon Motors, a manufacturer of hydrogen fuel cell-powered vehicles, did. That company, which plans on merging with the SPAC Decarbonization Plus Acquisition, announced that it has inked a memorandum of understanding with TotalEnergies that "strengthens the existing commercial relationship between one of the world's largest energy companies and a leading supplier of hydrogen commercial vehicles," according to a press release.

-Competition is getting on the PLUG.

-Has a great potential but with the given bearish market needs a breather.

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