Plug Power stock plunges after $200M stock offering – MASHAHER

ISLAM GAMAL19 July 2024Last Update :
Plug Power stock plunges after $200M stock offering – MASHAHER


Shares of Plug Power (PLUG) are sliding on Friday morning after the company announced a $200 million common stock offering. The company claims the offering is for “general corporate purposes.”

Morning Brief anchors Brad Smith and Seana Smith break down the latest development for the hydrogen fuel cell developer and what it could mean for the company moving forward.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Nicholas Jacobino


Source Agencies

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