Why Plug Power Plummeted 48% in the First Half of 2024
Plug Power(PLUG) The Motley Fool·2024-07-18 01:41
The S&P 500 has roared higher to start 2024. This fuel cell stock? Not so much.After Plug Power (PLUG -8.18%) stock plummeted 64% in 2023, investors rang in the new year with renewed hope that the fuel cell and hydrogen stock would be able to rebound from the previous year's performance.Through the first half of 2024, however, those hopes have hardly been realized. Plug Power stock's nosedive continued, as it fell 48% in the first six months of 2024, according to data provided by S&P Global Market Intellige ...