Plug Power Shares Soar on Upcoming Deal Announcement; Peer Company Ballard Power Systems Rises Alongside


Follow this company

Companies Mentioned

NYSE:JNJ / NASDAQ:BLDP / NASDAQ:PLUG / OTC:BB:AHII
03/26/2014 [ACCESSWIRE]

Johnson & Johnson (NYSE: JNJ) – For an in-depth report on Johnson & Johnson follow: www.BullTrends.com/stockquote/JNJ

Johnson & Johnson shares closed up a modest 2.29% on Tuesday with about 14.2 million shares traded. The stock was one of the most active stocks on the NYSE and hit a new high of $97.70 during intra-day trading. According to data from a study earlier this month, an experimental Johnson & Johnson drug for moderate to severe psoriasis proved significantly better at clearing the scaly, uncomfortable skin patches associated with the disease than a placebo.

Ballard Power Systems Inc. (NASDAQ: BLDP) - For an in-depth report on Ballard Power Systems Inc. follow: www.BullTrends.com/stockquote/BLDP

Shares of Ballard Power Systems closed up 32.19% on about 25.6 million shares traded on Tuesday. The stock soared after Peer Company Plug Power announced big news about a big deal coming soon. Ballard provides fuel cell stacks to Plug Power for its more than 2,800 GenDrive Systems.

Plug Power Inc. (NASDAQ: PLUG) - For an in-depth report on Plug Power Inc. follow: www.BullTrends.com/stockquote/PLUG

PLUG shares soared higher after the company’s CEO said in an interview to MarketWatch that the company expects to announce a huge deal in the next 2-3 weeks. The deal would be with a major automaker. Shares closed up nearly 50% on over 137 million shares traded on Tuesday.

American Heritage International Inc. (OTCBB: AHII) - For an in-depth report on American Heritage International Inc. follow: www.BullTrends.com/stockquote/AHII

Shares of AHII closed down 50% but not before the stock hit a new 52-week high of $1.42 at the open on Tuesday. The stock pulled back to close in the red but traded nearly 3.8 million shares which was a significant increase over average volume of about 100,000 shares. The company was featured in a SeekingAlpha article in a negative light, which could have influenced the big drop.

 

Disclosure: BullTrends.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.

COMMENTS

Leave a comment...
 * 

Your Name
 *