The Impact of Plug Power's IPO on Long-Term Shareholders

Reported about 7 hours ago

This article explores the journey of Plug Power since its IPO in 1999, highlighting the single 1-for-10 reverse stock split in 2011, which affected long-term shareholders' share count. Despite recognition as a leader in hydrogen solutions, the stock has faced significant declines, currently down nearly 60% in 2024 amid disappointing financial results. Potential investors are urged to consider risks, as current market sentiment leans negative towards Plug Power.

Source: YAHOO

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