Has Plug Power Done Enough to Plug the Hole in its Finances?

Plug Power (PLUG 4.29%) has been a disastrous investment over the past year. Its stock has collapsed, falling more than 80%. The primary factor weighing on the stock has been concerns that it could run out of money. However, Plug Power recently took a step to address that issue. It plans to raise $1 billion in fresh equity capital to fund its operations and expansion. Here's a look at whether that will be enough to keep the hydrogen stock afloat. Running out of powerPlug Power's stock plunged last November ...

Has Plug Power Done Enough to Plug the Hole in its Finances? - Reportify