Why Plug Power Stock Dropped, Then Recovered Today
Shareholders of green hydrogen and fuel cell company Plug Power (NASDAQ: PLUG) have had a rough past month with the stock dropping more than 30%. Shares lost another 4% this morning, after a peer announced a disappointing quarterly financial report. But as of 11:20 a.m. ET, Plug Power stock had recovered to a small gain of 1%.
Fellow clean energy technology company FuelCell Energy released its fiscal fourth-quarter 2021 report this morning, and it missed expectations on both the top and bottom lines.
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Source Fool.com
