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Why Plug Power Stock Dropped Thursday

TheMotleyFool

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Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) haven't been having a good year so far in 2021. The stock is more than 60% below its January highs. That decline continued today, with shares off 2.8% as of 12:30 p.m. EDT.

The company put out some news today, but it didn't get investors excited to buy shares. Several alternative energy names are moving lower today, and Plug Power is likely caught up with the general sector decline.

Image source: Getty Images.

Source Fool.com

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