Plug Power Stock: Dead or Ready for Revival?

Plug Power (NASDAQ: PLUG) is a key player in the hydrogen fuel cell market, and the company proudly proclaims that it's "leading the green hydrogen revolution." But with mainstream adoption of green hydrogen likely a decade or two away, Plug Power seems like the belle of a ball that hasn't happened yet. Unfortunately, Plug Power has been a wretched investment. Since debuting as a publicly traded company in 1999, Plug Power stock has plummeted 99%. Plug's operational losses have been persistent, and the company frequently issues new shares of common stock just to keep the lights on. Management recently announced plans to pursue more business with data centers. Could a pivot to the booming artificial intelligence (AI) infrastructure market reverse Plug Power's fortunes and revive the stock?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool