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I last wrote about Plug Power (NASDAQ:PLUG) in early April. A fair bit has happened to the manufacturer of hydrogen fuel cell systems in the three months since. All of it is good, which is why PLUG stock is up 129% since April 7. The stock hit a 52-week and all-time high of $10.49 on July 6. In the six days of trading since it has fallen back 21%. I guess investors felt Plug Power stock was getting ahead of itself from a valuation perspective. Fair enough. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn April, I was enthusiastic about the company's drive to $1 billion in sales by 2024, suggesting it was a buy in the mid-$3s and a steal under $3. Now that it's pushing $10, it's not nearly as cheap. Despite its lofty valuation, I still believe it's a buy. Here's why. Plug Power's Lofty Goals...
A collaboration between Navistar and TuSimple will accelerate testing and proving of technology capable of running commercial trucks at full driverless Level 4 operation by 2024. ...
Shares of General Electric Company (NYSE: GE) traded lower Wednesday despite increasing concerns about the economic impact of a second wave of COVID-19 infections nationwide.GE still has a long way to go in demonstrating it's back on the path for long-term cash flow and earnings growth. However, a flurry of large bullish option trades on Wednesday suggests there are some deep-pocketed investors who see significant upside for GE.The GE TradesOn Wednesday, Benzinga Pro subscribers received 44 option alerts related to unusually large GE option trades. Here are a handful of the largest: * At 9:55 a.m. ET, a trader sold 2,615 GE call options with a $10 strike price expiring on Jan. 15, 2021. The contracts were sold near the bid price at 35.9 cents and represented a $93,878 bearish bet. * Less than a minute later, a trader bought 2,665 GE call options with a $10 strike price expiring on...
Joe Gatto became the CEO of Callon Petroleum Company (NYSE:CPE) in 2017, and we think it's a good time to look at the......
Premier Manufacturing’s Saf-T-Latch pintle hitch will close automatically if a driver forgets to do the job manually. ...
(Bloomberg) -- Tracy Britt Cool, who worked for years under Berkshire Hathaway Inc.’s Warren Buffett, kicked off her new venture by taking an ownership stake in Thirty-One Gifts, a provider of luggage, handbags and other products for independent sellers.Kanbrick, the investment firm led by Britt Cool and co-founder Brian Humphrey, will become a partner and owner with Thirty-One Gifts founder Cindy Monroe, according to a statement Wednesday. Monroe maintains a role at the company, while yielding the chief executive officer job to Elizabeth Thibaudeau, who was CEO of Jamberry and is a former executive at Nu Skin Enterprises Inc. Terms of the deal weren’t disclosed.Britt Cool was a key deputy to Buffett at Berkshire and announced last year that she would leave to form her own business. Kanbrick, based in Chicago, aims to buy and build businesses to hold for the long term. Thirty-One Gifts, which Monroe started in 2003, sells...
As of Wednesday at noon, 76 stories of alleged racism had been shared on the anonymous account....
