Why Shares of Plug Power Are Tanking Today
After an auspicious beginning to November, shares of Plug Power (NASDAQ: PLUG) are headed south today. Why are investors turning a cold shoulder to the fuel cell specialist? It doesn't seem to be any company-specific news or commentary from analysts, frequent catalysts for the stock's rapid rises and downturns. Instead, investors seem to be responding to the results from Election Day.
As of 11:29 a.m. EDT, shares of Plug Power had dipped 2.3%, recovering from their earlier slide of 6.3%.
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Source Fool.com
