Reported 3 days ago
Plug Power, known for its hydrogen fuel cell technology, is facing significant challenges as its stock has plummeted 97% from a 2021 high, currently trading below $3. Despite potential growth in the green hydrogen market, the company has reported a 35% revenue decline this year and ongoing operational losses. Investors should exercise caution and wait for improvements in the company’s financial health before considering buying shares.
Source: YAHOO