Is Now The Time To Buy Stock In Plug Power, Nio, Xpeng Or Zoom?


Get Benzinga’s Top Stocks For Only $0.99!

Benzinga Insider Report is your secret to a profitable week. While most traders scramble and waste hours on research and analysis—you’ll have expert guidance every week helping you know exactly what’s going on and how to profit. Click here to get full access for only $0.99!


One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. 

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Here’s why shares of Plug Power, Nio, Xpeng and Zoom are moving. 

Plug Power Stock News

Plug Power Inc (NASDAQ:PLUG) shares are trading higher after Groupe Renault and Plug Power announced they signed a memorandum of understanding (MOU) to launch a 50-50 joint venture based in France by the end of June. 

Truist Securities initiated coverage on the stock with a Buy rating and announced a $60 price target, which is also lifting the stock.


FREE REPORT: How To Learn Options Trading Fast

In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, ​a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.


Nio Stock News

Nio Inc - ADR (NYSE:NIO) shares are trading lower after the company announced a proposed offering of $1.3 billion convertible senior notes. 

Citigroup downgraded the stock from Buy to Neutral and announced a price target of $68.30 per share.

See Also: How To Buy Nio Stock

Xpeng Stock News

Xpeng Inc - ADR (NYSE:XPEV) shares are trading higher after the company announced it has entered into a strategic cooperation agreement with Banks for a credit line of RMB 12.8 billion.

Zoom Stock News

Zoom Video Communications Inc (NASDAQ:ZM) shares are trading higher after the company announced a $1.5 billion common stock offering.


Get Benzinga’s Top Stocks For Only $0.99!

Benzinga Insider Report is your secret to a profitable week. While most traders scramble and waste hours on research and analysis—you’ll have expert guidance every week helping you know exactly what’s going on and how to profit. Click here to get full access for only $0.99!


Posted In: MoversTrading IdeasPress Releaseswhy it's moving