Plug Power (PLUG) has faced cash limitations despite 25 years in hydrogen fuel tech. Cash jumped from $194 million in 2019 to $2.6 billion in 2021, but depleted to $403 million in 2024, with $1.8 billion debt. An investor raised $370 million. CEO changes and expense cuts aim to fight unsustainability. Analysts are cautious.
Read more at Yahoo Finance: Is This a $370 Million Reason to Buy Plug Power Stock Now?
