NASDAQ:PLUG

Hedge Fund Reports Impressive Gain, Plug Power Inc. Faces Challenges

Discover how a leading hedge fund achieved a remarkable gain of 26.16% in the past month and get insights into their top stock picks with a free stock ideas tool. Meanwhile, Plug Power Inc. (NASDAQ:PLUG) faces challenges in the first quarter of 2024 with disappointing financial results, leading to a significant stock decline. Despite setbacks, CEO Andy Marsh remains confident in the company’s trajectory and its role in driving the hydrogen economy forward.

Plug Power Inc. Faces Backlash Over $1 Billion Stock Offering

Plug Power Inc. (NASDAQ: PLUG) has made headlines with its recent disclosure of an at-market stock offering of up to $1 billion, as reported in an SEC filing on Wednesday. The company has entered into an agreement with B. Riley…