fbpx
QQQ
-2.71
348.05
-0.78%
DIA
-5.86
344.51
-1.73%
SPY
-7.07
429.04
-1.68%
TLT
+ 2.69
140.35
+ 1.88%
GLD
-0.87
166.72
-0.52%

Thinking About Buying Stock Or Options In GM Or Plug Power?

May 5, 2021 8:30 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Thinking About Buying Stock Or Options In GM Or Plug Power?

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

Here’s the latest analyst rating updates for GM and Plug Power.

General Motors Company (NYSE:GM) shares are trading higher by 3.9% after the company reported better-than-expected first-quarter EPS and sales results.

GM reported quarterly earnings of $2.03 per share, which beat the analyst consensus estimate of $1.04. GM also reported quarterly sales of $32.70 billion, which beat the analyst consensus estimate of $32.67 billion.

Shares of hydrogen fuel cell maker Plug Power Inc (NASDAQ:PLUG) are trading higher by 2% after Nikkei Asia reported Plug is planning to expand its business to China, Vietnam and South Korea.

Plug Power reportedly intends to expand the business in the three Asian countries through its joint venture with South Korean conglomerate SK Group.

SK Group said in February that it has completed a $1.6 billion capital investment in Plug Power to partner in accelerating hydrogen as an alternative energy source in Asian markets and help in the global transition to a hydrogen economy… Read More

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.


Related Articles

Tesla Tests Break Out And Flies North: What Does The Chart Say?

Tesla Inc (NASDAQ: TSLA) shares were moving higher Thursday after the Federal Reserve calmed investors by leaving interest rates unchanged. read more

PayPal And Facebook Lead The Nasdaq Lower Wednesday

U.S. indices were trading lower Wednesday afternoon after the Federal Reserve held rates constant but raised its inflation expectations for 2021-2023. read more

GM's Stock Races North: How Is The Chart Looking?

General Motors Company (NYSE: GM) announced it will increase its investments in its electric and autonomous vehicles to $35 billion between 2020 and 2025. read more

Benzinga's Bulls And Bears Of The Week: Apple, AMC, Disney, GM, Tesla And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls the iPhone maker, an aerospace giant and big banks. The EV leader, an entertainment giant and movie theater operators were among the bearish calls seen. read more