Plug Power 's (NASDAQ: PLUG) losses on the bottom line are mounting with headwinds persisting.
This marks the highest level for Bloom Energy’s stock since February 2023.
Plug Power's vision for a hydrogen-powered future faces challenges, but strategic initiatives and market opportunities present potential for long-term growth.
The green energy company is down 97% from its peak price a few years ago. Here's what you should know before buying it today.
The sellers have not only overshot their targets but have done so at the worst possible time.
Plug Power (NASDAQ: PLUG) has been a high-profile renewable energy company for more than a decade, hoping to transform how we use energy by making hydrogen fuel more available and cost-effective.
Losses continue to mount and Plug Power's options are dwindling.
PLUG earnings call for the period ending September 30, 2024.
"Despite the speed and development of the hydrogen economy continuing to impact hydrogen equipment deployments, the mid-term and long-term outlook remains positive," said CEO Andy Marsh.