Tag: Today

Why NIO Stock Is Down Today

What happened Shares of Chinese electric-vehicle maker NIO (NYSE:NIO) were trading lower on Thursday, after a Wall Street analyst said that the ongoing global shortage of semiconductors will continue to hold NIO’s production down for a while longer. As of 1:30 p.m. EDT, NIO’s American depositary shares were down about 7.5% from Wednesday’s closing price.…

Why Moderna Stock Climbed Today

What happened Shares of Moderna (NASDAQ:MRNA) rose 6.8% on Friday, as analysts and investors grew more optimistic about the vaccine maker’s growth prospects.  So what Piper Sandler analyst Edward Tenthoff repeated his overweight rating on Moderna’s stock and boosted his price forecast from $ 208 to $ 234 on Thursday. His new price target represents potential returns…

Why Plug Power Stock Jumped Today

What happened Hydrogen fuel cell company Plug Power (NASDAQ:PLUG) hasn’t been a favorite of investors in recent weeks. For the month of March, the stock is down more than 35%. That downtrend took a breather Tuesday morning after the company announced plans for a new hydrogen production facility. As of 11:35 a.m. EDT, Plug Power…