Plug Power Stock: Dead, or a Future Clean-Energy Beast in the Making?

Plug Power (NASDAQ: PLUG), a developer of hydrogen charging technologies, went public in 1999 at an IPO price of $150, adjusted for a reverse split. Today, it trades at about $2. Is this green energy stock dead, or will it recover and deliver massive gains for its patient investors? What does Plug Power do? Plug initially planned to build hydrogen charging systems for entire homes. However, high infrastructure costs, regulatory challenges, and soft consumer demand derailed those plans, and it pivoted towa ...