Plug Power Stock's Wild Ride: Brace for Impact or Bail Out Now?
PLUGPlug Power(PLUG) InvestorPlace·2024-04-10 21:17

Plug Power stock (NASDAQ:PLUG) is in a difficult spot. The company obviously has a viable business and product. It has a list of top-name partners either using its products and services or helping it build out a vertical supply chain. On the other hand, Plug Power stock can’t make money. It is selling its fuel cells at a significant loss resulting in negative cash flows as it burns through the cash it has on hand. It’s why it was forced to include a going concern notice last year, though it subsequently rem ...