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
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US:NASDAQ Investor Relations:
ir.plugpower.com/home/default.aspx
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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)
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News
- Plug Power Inc. (PLUG): Among Takeover Rumors Hedge Funds Are Buying [Yahoo! Finance]Yahoo! Finance
- Is Plug Power Inc. (PLUG) The Top Falling Stock with Unusual Volume? [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Roundup: Plug Power (NASDAQ:PLUG) And The Rest Of The Renewable Energy Segment [Yahoo! Finance]Yahoo! Finance
- Hidrogenii, a Plug and Olin Joint Venture, Commissions 15 Ton Per Day Hydrogen Liquefaction Plant in Louisiana [Yahoo! Finance]Yahoo! Finance
- Hidrogenii, a Plug and Olin Joint Venture, Commissions 15 Ton Per Day Hydrogen Liquefaction Plant in LouisianaGlobeNewswire
PLUG
Earnings
- 11/12/24 - Miss
PLUG
Sec Filings
- 4/3/25 - Form 4
- 4/3/25 - Form 4
- 4/3/25 - Form 4
- PLUG's page on the SEC website