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Why Plug Power Stock Just Dropped

TheMotleyFool

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Shares of Plug Power (NASDAQ: PLUG) plummeted 5% in 12:30 p.m. EDT trading on the Nasdaq Tuesday. It's not hard to figure out why.

As Reuters reported this morning, General Motors (NYSE: GM) is teaming up with Wabtec (NYSE: WAB) to supply "electric batteries and hydrogen fuel cell systems" for Wabtec's train locomotives, with deliveries set to begin as early as 2023.

Image source: Getty Images.

Source Fool.com

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