Plug Power Inc (NASDAQ: PLUG) is down 10% in premarket on Friday even though it reported record revenue for 2023. Why is Plug Power stock down on Friday? Copy link to section The stock is being punished primarily because hydrogen fuel cells company ended the year with $2.30 of per-share loss ($1.37 billion) – much higher than $1.25 per share in 2022. Plug Power attributed the inflated loss to “increased investments in growth and expansion and the varied non-cash charges”. The quarterly report arrives just w ...