Plug Power +36% premarket after announcing Q4 orders

|About: Plug Power, Inc. (PLUG)|By:, SA News Editor

Plug Power (PLUG) +36.1% premarket after saying it met Q4 2013 order targets, which totaled ~$32M, sees “significant traction closing out 2013," and expects Q1 bookings to meet or exceed Q4 bookings.

Highlights in PLUG's Q4 bookings include a contract to deploy multiple sites with a single food distribution customer using its turnkey GenDrive, and repeat business with key material handling giants such as Walmart, Kroger, Mercedes Benz and BMW, resulting in fleet expansion and follow-on orders.