Plug Power Rocked by Accounting Errors After 1,400% Surge
Plug Power Rocked by Accounting Errors After Its 1,400% Surge Bloomberg 4 days ago Michael Bellusci and David R. Baker (Bloomberg) -- Plug Power Inc.’s accounting errors sent shares of the fuel-cell maker plunging on Wednesday. Popular Searches The Latham, New York-based company, which soared more than 1,400% in the past year through Tuesday, tumbled about 8%. Despite the selloff, Plug Power is still up about 16% in 2021 -- compared with an advance of almost 6% for the S&P 500 Index. Its industry counterparts Ballard Power Systems Inc. and FuelCell Energy Inc. erased Wedne...
Source: msn.com