Plug Power Surges 77.1% in 6 Months: Should You Buy the Stock or Wait?

Key Takeaways Plug Power's shares surged 77.1% in six months, outperforming peers and broader benchmarks.Strong electrolyzer demand and global hydrogen projects lifted PLUG's third-quarter revenues.Negative margins, cash outflows and weaker hydrogen infrastructure sales weigh on near-term performance.Shares of Plug Power Inc. (PLUG) have surged 77.1% in the past six months, outpacing the industry and the S&P 500, which have returned 22.4% and 15.7%, respectively. In comparison, the company’s peers like Fuel ...