PLUG Gears Up to Post Q3 Earnings: What Lies Ahead for the Stock?
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Plug Power's Q3 results are anticipated to show weak demand for GenDrive units, but an increase in sites with fuel contracts may provide some relief.
November 11, 2024 | 5:15 pm
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Plug Power's Q3 earnings are expected to reflect weak demand for GenDrive units, but an increase in sites with fuel contracts might mitigate the impact.
The article suggests that while there is weak demand for GenDrive units, the increase in sites with fuel contracts could balance the negative impact. This mixed outlook results in a neutral short-term impact on the stock price.
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