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Plug Power's Desperate Move to Raise Money: What Investors Need to Know Before It Happens

TheMotleyFool

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Plug Power's Desperate Move to Raise Money: What Investors Need to Know Before It Happens: https://g.foolcdn.com/editorial/images/762047/sell-buy-hold-screen.jpg

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down Plug Power's (NASDAQ: PLUG) plan to raise up to $1 billion in capital via a secondary offering. With a market cap of $1.5 billion at recent prices, shareholders are set to get brutalized.

*Stock prices used were from the afternoon of Jan. 19, 2024. The video was published on Jan. 20, 2024.

Source Fool.com

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