Why Plug Power Stock Went From Red to Green Today

Shares of hydrogen fuel cell company Plug Power (PLUG 5.62%) fell more than 10% in early trading on Friday before turning around, erasing its losses, and even notching a 1.7% gain by 11:40 a.m., after "missing" on both sales and earnings in its 2023 earnings report this morning.Heading into the quarter, analysts weren't overly optimistic, expecting Plug to report a loss of $1.62 per share on $900.3 million in sales -- but Plug managed to disappoint investors on both counts. Sales for the year came up short ...