Plug Power's stock rose 4% after signing a 280 MW electrolyzer supply agreement with Arcadia eFuels for a renewable hydrogen project in Denmark. This deal positions Plug Power as the preferred supplier for over 1 GW of future electrolyzer capacity across multiple Arcadia projects in Europe and the Americas, expanding its project pipeline. Meanwhile, competitors Bloom Energy and FuelCell Energy saw their shares decline, lacking comparable contract news. Investors remain cautious due to Plug Power's ongoing losses and execution risks, but the new contract could boost its growth if projects proceed as planned.
As of Sep 30, 2026 22:32 WIB, Plug Power trades at USD 1.98, up 3.40% and close to its 52-week low of USD 1.80, showing modest recovery despite still being far from its 52-week high of USD 4.14. In contrast, Bloom Energy is down 4.09% at USD 279.33, nearer to its 52-week high of USD 345.85 than its low of USD 76.97, while FuelCell Energy lingers at USD 16.60, down 1.78% and closer to its 52-week low of USD 6.00 than its high of USD 36.01. Plug Power's stronger buying interest on Pluang, with 97% buy orders, contrasts with the more mixed or sell-heavy activity seen in its peers.
Fuel cell stocks, including Bloom Energy, FuelCell Energy, and Plug Power, rallied strongly after a steep selloff driven by worries about delays at Oracle's Project Jupiter data center. Bloom Energy rose 11%, FuelCell Energy surged 7%, and Plug Power...
Fuel cell stocks, led by Bloom Energy, are experiencing a sharp pullback after a recent strong rally. Bloom Energy's shares fell 8% despite strong Q2 2026 revenue growth and an increased sales outlook, reflecting momentum-driven selling rather than b...
