Plug Power Stock Analysis: Why Investors Should Part Ways With PLUG in 2024
PLUGPlug Power(PLUG) InvestorPlace·2024-05-06 18:35

Plug Power (NASDAQ:PLUG) stock, once a frontrunner in the hydrogen fuel cell industry, has experienced a significant decline in its share price in recent years. The company has declined in value by 47% YTD, while also declining by more than 90% in the last 3 years. Despite investor enthusiasm, the company faces headwinds that may impact the share price. Key factors include financial conditions, infrastructure slowdown, and growing operating losses. Investors should sell the stock ASAP due to anticipated pai ...