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Stock impact report

Should You Buy Plug Power Stock While It's Below $2? [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
On that day, Plug stock closed at a price not seen since the previous summer. But it's been all downhill from there. From Jan. 6 through Plug's earnings day on March 3, shares of the hydrogen fuel producer and hydrogen fuel cell manufacturer lost more than half their value, plunging all the way to $1.50 per share. That's more or less where it is today, even after a brief post-earnings bounce. Investors have to be asking if that's it, or if Plug is going to keep moving higher. Should you rush in and buy Plug stock now while it's still below $2? Plug reported its 2024 numbers on March 3, and the news was not good. Sales of equipment (hydrogen fuel cells) plunged 45% year over year, indicating extremely weak demand for Plug's product. Fuel sales (hydrogen) Read more
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