Plug Power, a hydrogen fuel-cell and electrolyzer company, has seen its shares plummet nearly 99% from its all-time high. However, the company is showing signs of improvement, with an 87% increase in stock value this year. Plug Power reported better-than-expected third-quarter results, with revenue of $177 million and a loss per share of $0.12. The GenEco electrolyzer business is also gaining traction, with revenues growing 46% sequentially to $65 million in the third quarter. Despite these positive developments, the company still faces risks related to achieving breakeven gross margin and project timing. Investors are advised to track Plug Power’s progress before investing.

Read more at Nasdaq: Plug Power Stock: Dead or Ready for Revival?