Reported 1 day ago
Plug Power, a leader in hydrogen technologies, has seen its stock price plummet nearly 99% since its IPO, trading under $2 after initially peaking at $1,498. Despite its current low valuation and some recovery signs, including government support and insider buying, the company faces significant challenges, including rising interest rates and competition from battery-electric solutions. Analysts are cautiously optimistic about its revenue growth in the coming years, but potential investors should consider other options first.
Source: YAHOO