5 Investors Betting Big on Plug Power (PLUG) Stock

It hasn’t exactly been a compelling year for Plug Power (NASDAQ:PLUG), as shares of the green hydrogen company are down by nearly 20% year-to-date (YTD). This comes despite the resumption of liquid hydrogen production at Plug’s Tennessee facility and the start of hydrogen production at its new plant in Georgia. In total, the two plants have a daily liquid hydrogen production capacity of 25 tons.Last week, Plug also unveiled its new cost-cutting plan, which is expected to save $75 million per year. The plan ...