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Plug Power’s stock plunges 25% as company sees ‘unprecedented supply challenges’

Por: MarketWatch Business November 10, 2023

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Revenue rose to $199 million, from $189 million a year ago, the company said. Analysts polled by FactSet expected Plug Power to report a loss of 31 cents a share on sales of $220 million. The year’s financial performance overall “has been negatively impacted by unprecedented supply challenges in the hydrogen network in North America,” Plug Power executives said in a letter to investors. The “severe” hydrogen shortages have affected... + full article



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