Why Plug Power Stock Is Falling Today After Its Hydrogen Rally
Plug Power Inc. shares fell sharply on Monday, giving back part of last week’s earnings-driven rally as traders reassessed whether the hydrogen company’s margin gains can outrun its losses and funding needs. The stock was down about 9.8% at $3.41 in late-morning trading, after opening at $3.80 and touching an intraday low of $3.32. Trading volume was above 54 million shares, keeping the stock among the more active clean-energy names.