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HJEN (Direxion Hydrogen ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Plug Power shares are trading lower on Friday, pulling back following a recent partnership announcement with Walmart.
There have been concerns that if Trump takes the White House in November, he could repeal the Inflation Reduction Act (IRA). If that were to happen, green energy stocks, including hydrogen stocks, could easily drop.
The U.S. ETF industry saw 22 new ETFs debut last week, which was the best one for launches across multiple months. The issuers launching funds include Capital Group, Direxion, First Trust, Invesco, NEOS, Neuberger Berman, newcomer Nightview Capital, PGIM, Strive, TCW and YieldMax.
Hydrogen ETFs soared in the month of May. The ongoing AI boom, which led to an increased need for clean and sustainable energy sources, probably has led to the rally.
Crisis will eventually lead to opportunity for hydrogen stocks to buy. Granted, we're still waiting to see what happens with the restrictive 45V tax credits.
Crisis will lead to opportunity for hydrogen stocks. Unfortunately, the industry is still waiting to see what will happen with the current, restrictive 45v tax credits, which could save companies up to $3 per kilogram of production if companies can meet what many are calling tough new standards.
Investors may want to pay close attention to hydrogen stocks. All as the U.S. fights to make hydrogen happen.
Just days ago, the Department of Energy announced a $750 million investment in 52 U.S. projects that will cut the cost of clean hydrogen and “reinforce America's global leadership in the growing clean hydrogen industry,” as noted by Energy.gov. All of which should be a sizable catalyst for hydrogen stocks.