Diamonds and Dogs
Alternative energy acting well. Fuel cell company, Plug Power (PLUG) rose 22% on news of a 50-50 joint venture to put Plug fuel cells in Renault commercial vans in Europe. The new joint venture with Renault will dominate 30% of the European market for fuel-cell-powered light commercial vehicles, and its promise to have a "pilot fleet" of fuel cell vans on European roads before the year is out.
Boston Scientific (SFX) lowers guidance. The stock fell 3% after the medical-device titan said fourth-quarter net sales fell 6.8% to $2.7 billion. Boston Scientific slumped 20% during the pandemic as many medical treatments were suspended to focus on Covid cases.
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