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0.00271002710027094 0 0.010840108401084 -0.00271002710027107 0.00699186991869914 0.029810298102981 0.029810298102981 0.029810298102981
Stock impact report

Why Is Plug Power Stock Crashing? [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
10 stocks we like better than Plug Power › Shares of Plug Power (NASDAQ: PLUG) plummeted 20% in early trading on Wednesday and were still trading 15% lower as of 1:30 p.m. ET. The hydrogen stock has now dropped 45% in just one month, as of the time of this writing. One of the biggest concerns appears to have come back to haunt Plug Power investors: liquidity and financial stability. Image source: Getty Images. Why is Plug Power taking on more debt? During its third-quarter earnings release on Nov. 10, Plug Power stated that an improving cash burn and access to capital should be able to support its operations. Plug Power had just raised $370 million, after all. However, hardly a week since its earnings week, and Plug Power has already announced yet another capital raise, this time of $375 million through convertible senior notes. None of this looks good for Plug Power, especially since the company is not raising funds to invest in growth or even run its operations. It wi Show less Read more
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