Plug Power, a hydrogen charging tech developer, is trading nearly 99% below its IPO price. Despite reinventing itself over 26 years, it hasn’t impressed investors. With a market cap of $1.8 billion, the stock looks cheap at less than two times next year’s sales. Initially focused on home systems, Plug Power shifted to hydrogen fuel cells for forklifts, with Amazon and Walmart as top customers. Revenue turned negative in 2020 due to subsidies, but restatements showed positive growth in 2021. Challenges remain, but insider buying and government support signal potential for growth in green energy.

Read more at Yahoo Finance: Plug Power Stock Is Cheap, but Does That Make It a Buy Now?