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Re: Lemmi post# 10370

Monday, 05/05/2014 10:29:41 AM

Monday, May 05, 2014 10:29:41 AM

MW Plug Power shares down 9%, trigger Nasdaq short sale restriction

May 05, 2014 10:20:00 (ET)

SAN FRANCISCO (MarketWatch) -- Plug Power Inc. (PLUGD) on Monday tripped a Nasdaq short-sale circuit breaker that imposes restrictions on prices at which securities may be sold short. About 30% of the fuel-cell supplier's shares are sold short, according to FactSet. Shares of Plug declined 9% on Monday. The company said last week it raised $116 million in a recent stock sale. Plug Power is expected to report first-quarter results May 14. Analysts polled by FactSet forecast an adjusted loss of 5 cents a share.

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