Plug Power Stock Plummets on Capital Raise
Plug Power announced a plan to sell up to $1 billion in stock.
Source: marketwatch.com
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Plug Power announced a plan to sell up to $1 billion in stock.
The hydrogen stock is getting whacked as analysts and investors alike are questioning the company's execution.
Analyst calls on Wednesday include a big upgrade for this burger chain.
Shares of Plug Power Inc (NASDAQ: PLUG) were trending lower in early trading on Wednesday, after spiking around 28% last week.
Plug Power stock has already been beaten up, but Morgan Stanley sees further concerns for the clean energy company’s future.