Shares of Plug Power (NASDAQ:PLUG) dropped 5.9% after an analyst lowered the price target due to hydrogen market uncertainty. The company’s recent third-quarter results fell short with a wider net loss. Despite a recent contract win in the UK, concerns over DOE loan suspension and negative gross margin persist. The market is cautious, with investors selling tech stocks and anticipating economic reports post-government shutdown. Plug Power is down 8.4% year-to-date and 48.3% below its 52-week high. Investors should consider the company’s long-term potential amid short-term market fluctuations.

Read more at StockStory Media: Why Plug Power (PLUG) Shares Are Trading Lower Today