Plug Power (NASDAQ: PLUG) stock hasn’t been a winning investment. Shares of the hydrogen-based energy company plummeted 94% over the last three years, including a 27% decline year to date.
Yet some investors are still betting on a turnaround, and the stock has rebounded over the last several months from an all-time low price. The reason for that recent bounce is also why I am still keeping an eye on Plug Power.
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