Where Will Plug Power Stock Be in 3 Years?
PLUGPlug Power(PLUG) The Motley Fool·2024-04-27 15:29

The little hydrogen fuel cell maker still has a lot to prove. Plug Power (PLUG 1.26%), a developer of hydrogen fuel cell systems, was one of the biggest boom and bust stories of the dot-com bubble more than two decades ago. The company went public at a reverse split-adjusted price of 150pershareonOct.29,1999,anditsstocksoarednearlytenfoldtoitsrecordhighof150 per share on Oct. 29, 1999, and its stock soared nearly tenfold to its record high of 1,498 on Mar. 10, 2000. But today, Plug's stock trades at about 2ashare.A2 a share. A 10,000 investment in its IPO would only be worth $160 to ...