Plug Power (PLUG) Falls on Rating Downgrade, President Exit
We recently published 10 Stocks Taking a Nosedive. Plug Power Inc. (NASDAQ:PLUG) is one of the worst performers on Wednesday. Plug Power dropped its share prices by 5.56 percent on Wednesday, a second day, to finish at $3.65 apiece as investor sentiment was dampened by a rating downgrade from an investment firm, alongside key leadership changes. On Tuesday, Plug Power Inc. (NASDAQ:PLUG) announced that its president, Sanjay Shrestha, is stepping down from his role effective Friday, October 10, while CEO A ...