A Closer Look at Plug Power, and Why Investors Should Be Very Cautious

By Jason Hall and Tyler Crowe – Nov 13, 2023 at 10:39AM

NASDAQ: PLUG

Plug Power

Market Cap

$2B

Today's Change

(1.26%) $0.03

Current Price

$2.41

Price as of April 26, 2024, 4:00 p.m. ET

A "going concern" notice, and a long history of not being profitable.

Plug Power (PLUG 1.26%) included a "going concern" notice in its most recent quarterly report, a warning to investors that it could run out of money within a year. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss what that means, particularly in the context of Plug's very long history of unprofitability and massive cash burn.

*Stock prices used were from the morning of Nov. 10, 2023. The video was published on Nov 13, 2023.

Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.