Why Plug Power Stock Dropped Again Today
Hydrogen fuel cell stock Plug Power (NASDAQ: PLUG) dropped another 5.6% in early trading on the Nasdaq Stock Market Tuesday, and is still down 3.8% as of 10:30 a.m. EDT. The stock is probably still reacting to the sudden restart of coverage -- at a lower rating of equal weight -- by Morgan Stanley that torpedoed shares of not only Plug, but also FuelCell Energy and Bloom Energy yesterday.
And now we know more about why that happened.
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Source Fool.com
