Plug Power Stock Down 38% in Past Six Months: What Should Investors Do?
Key Takeaways PLUG stock fell 38% in six months, underperforming its peers and broader markets. Declines in hydrogen infrastructure sales and site installations have weighed heavily on PLUG's revenues. PLUG aims to cut cash burn via Project Quantum Leap and a $1.66B DOE loan for new hydrogen plants.Plug Power Inc. (PLUG) , a leading player in the green hydrogen industry, has seen a 38% drop in its stock price in the past six months, underperforming the industry as well as the S&P 500. While the industry g ...