பொருளாதாரம் சாலை வரைபடம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from பொருளாதாரம் சாலை வரைபடம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In பொருளாதாரம் சாலை வரைபடம் Today - Breaking & Trending Today

Why Plug Power Stock Is Soaring Today


Plug Power (NASDAQ:PLUG) are soaring today, up 28.2% as of 10 a.m. EST, after the company announced a new alliance with South Korean industrial giant SK Group last night.
In a deal valued at $1.5 billion, Plug Power plans to sell a 10% stake in itself to SK Group, valuing new shares issued at $29.29 each but investors who already owned Plug are doing much better than that. Their shares are now worth $45.50 apiece in morning trading.  
Image source: Getty Images.
So what
Why are Plug Power investors so excited? As the company explained in last night s announcement, allying with SK Global increases its access to South Korea s Hydrogen Economy Roadmap through 2040 plan, which envisions putting 6 million hydrogen fuel cell cars on South Korea roads over the next 20 years, building 1,200 refilling stations to fuel them, and producing 5 million tons of hydrogen fuel per year. As a maker of fuel cells and a producer of hydrogen, Plug Power is in a position to profit ....

South Korea , South Korean , Sk Group , Cowen Co , Plug Power , Economy Roadmap , தெற்கு கொரியா , தெற்கு கொரியன் , ஸ்க் குழு , கோவன் இணை , ப்லக் பவர் , பொருளாதாரம் சாலை வரைபடம் ,