Plug Power stock soars on new hydrogen tax credit rules
Plug Power (PLUG) surged 20% on Monday following President Biden’s rule changes on tax credit rules for clean hydrogen producers. Market Domination hosts Julie Hyman and Josh Lipton dive into the EV charging company's stock movements and the rise in short-interests suggesting a potential short squeeze.
While hydrogen industry leaders generally welcomed the final rule’s increased flexibility, some said the complicated tax ...
On January 3, 2025, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) released long-awaited final ...
The Biden administration finalized long-awaited tax guidance Friday for the production of “clean” hydrogen, but the lasting impact — and even survival — of the credits may come down to Hill ...
US Treasury releases final guidance on 45V Production Tax Credit, paving the way for a greener hydrogen future. Plug Power Inc. stands to benefit.
Investing.com -- Plug Power (NASDAQ: PLUG) shares climbed 20% today, building on a 13% rise from Friday, following the Biden ...
A number of new energy stocks, including S&P 500 nuclear stocks Constellation Energy and Vistra along with Amazon.com supplier Plug Power, moved higher following the the Treasury Department and ...
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