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Motley Fool
Why Shares of Plug Power Are Plunging Today
Extending their midweek slide, shares of Plug Power (NASDAQ: PLUG) are continuing to tumble lower today, to the chagrin of fuel cell and hydrogen investors. While anticipation of the company’s business update contributed to the stock’s sell-off yesterday, investors are reacting today to the actual details of the update, in addition to pessimistic opinions echoing on Wall Street. As of 11:07 a.m. ET, shares of Plug Power are down 7.2%.
