Plug Power: Watch This Before Buying the Dip
Green hydrogen's potential as a source of carbon-free energy is enormous. You know what else is enormous? The losses that Plug Power (NASDAQ: PLUG) has piled up over the years, while delivering negative return on equity in its history. In this video Motley Fool contributors Jason Hall and Tyler Crowe break down Plug Power, and how, despite numerous past "breakthrough" moments, it has only continued soaking up investor capital, enriching management, and then incinerating whatever was left to fund operations and profitless growth.
*Stock prices used were from the morning of May 11, 2023. The video was published on May 26, 2023.
Source Fool.com
