Should You Avoid This Alternative Energy Stock?

By Parkev Tatevosian, CFA – Sep 27, 2024 at 6:31AM

NASDAQ: PLUG

Plug Power

Market Cap

$1B

Today's Change

(11.21%) $0.10

Current Price

$0.97

Price as of June 6, 2025, 4:00 p.m. ET

With revenue going backward and costs increasing, this company has lots of ground to cover.

Plug Power (PLUG 11.21%) is struggling to find customers willing to switch to this innovative new energy source.

*Stock prices used were the afternoon prices of Sept. 24, 2024. The video was published on Sept. 26, 2024.

Parkev Tatevosian, CFA 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. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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