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Plug Power +36% premarket after announcing Q4 orders

Jan. 02, 2014 9:29 AM ETPlug Power Inc. (PLUG) StockPLUGBy: Carl Surran, SA News Editor1 Comment
  • Plug Power (NASDAQ: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.

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