Plug Power (PLUG) Bulls Deflated Heading Into Weekend (FCEL) (BLDP)

Plug Power (Nasdaq: PLUG), FuelCell Energy (Nasdaq: FCEL), and Ballard Power Systems (Nasdaq: BLDP) were pressured again on Friday. Declines follow a volatile week and an intense debate on the Street. With short seller Citron Research openly critical of Plug Power (Nasdaq: PLUG), and with analysts at Roth and Cowen both stepping aside and downgrading the stock to Neutral/Market Perform, momentum traders and long-term bulls are obviously deflated.

Plug is poised to close lower by about 24% this week. FuelCell is lower by 25%, and Ballard Power Systems Inc. (Nasdaq: BLDP) is lower by 6.7%.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Delta Air Lines: demand remains strong despite global uncertainty
• Netskope (NTSK) PT Lowered at TD Cowen; 'Mixed Outlook and CFO Departure May Leave Investors Disappointed'
• TD Cowen on Broadcom Limited (AVGO): 'Limited Near-Term Upside & Reiterated F2027 Outlook Not Enough This Quarter'