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Stock impact report

Plug Power (PLUG) Alert: Did You Lose Money on Your Investment? Contact Johnson Fistel Regarding Investigation

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: PR Newswire
SAN DIEGO, March 6, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Plug Power Inc. ("Plug Power" or the "Company")(NASDAQ: PLUG). On February 25, 2021, Plug Power announced its fourth quarter and full-year 2020 financial results. For the quarter, Plug Power reported GAAP earnings per share of -$1.12, missing estimates by $1.01, and revenue of -$0.32 million, missing estimates by $85.31 million. The Company acknowledged that its "[r]evenue and results were negatively impacted by certain costs of $456M recorded in Q4, the majority being non-cash charges related to the accelerated vesting of a customer's remaining warrants."Following this news, Plug Power's stock price fell 13.6% on February 25, 2021.Then on March 2, 2021, Plug Power filed a Notification of Late Filing with the SEC. The notification stated that it could not timely file its annual report for the period ended December 31, 2020, as Show less Read more
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