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Stock impact report

Plug Power Lawsuits Test Hydrogen Plans And Undervaluation Thesis [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
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Multiple securities class action lawsuits have been filed against Plug Power, focusing on statements about its Department of Energy loan prospects and hydrogen facility plans. The complaints also reference recent leadership changes and efforts to monetize electricity rights tied to the company's hydrogen projects. These legal actions raise questions about past disclosures and could influence how investors view Plug Power's execution plans. Plug Power, listed as NasdaqCM:PLUG, is under pressure as these lawsuits arrive alongside a challenging share price backdrop. The stock last closed at $1.91, with a 30 day return of a 20.7% decline and a year to date return of a 14.3% decline. Over longer periods, the 3 year and 5 year returns of an 85.7% decline and a 95.2% decline highlight how sensitive sentiment around the company has been. For you as an investor, the key questi Show less Read more
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