Why Plug Power Stock Is Powering Down This Week | The Motley Fool

Why Plug Power Stock Is Powering Down This Week | The Motley Fool


Climbing 10.5% last week, Plug Power (NASDAQ: PLUG) stock showed some pep in the middle of July. This week, however, the hydrogen and fuel cell stock isn’t extending the gain. Although the company didn’t have any news to report that would substantiate the decline, investors have, nonetheless, chosen to distance themselves from Plug stock.

According to data provided by S&P Global Market Intelligence, Plug Power stock has dropped 18.5% from the end of last Friday’s trading session through the market’s close on Thursday.

Image source: Getty Images.

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