From Yahoo Finance: 2025-04-21 21:12:00

Plug Power Inc. (PLUG) is among the top 20 falling stocks with unusual volume due to market uncertainty and company-specific reasons. The stock hit a six-year low, down 19.26% in the last week with a relative volume of 2.08. The company announced restructuring plans to reduce expenses by $150 million to $200 million.

In 2024, Plug Power Inc. reported a net loss of $2.1 billion, with a gross margin loss of 122% for the quarter. The company will need an additional $600 million investment for its Department of Energy Loan Guarantee program project. Despite recent steps for financial stability, CEO Andy Marsh acknowledges the need for further strides.

PLUG ranks 5th on the list of falling stocks with unusual volume. While PLUG shows potential, some AI stocks may offer greater returns in a shorter time frame. Consider exploring the potential of other AI stocks that might trade at a lower valuation for promising gains.



Read more at Yahoo Finance: Is Plug Power Inc. (PLUG) The Top Falling Stock with Unusual Volume?