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Should You Buy Plug Power Stock While It's Below $4?
PLUGPlug Power(PLUG) The Motley Fool·2024-10-14 11:57

Could this unloved green energy stock nearly double from these depressed levels?Plug Power (PLUG 7.61%) has lost about 99% of its value since its initial public offering in 1999. The hydrogen fuel cell maker was once considered a promising green energy play, but it ran out of juice as its growth cooled off and it racked up steep losses. The dot-com crash and some accounting problems from 2018 to 2020 exacerbated its decline.But with its stock trading at about $2, Plug Power's enterprise value of $2.6 billio ...