Why Plug Power Stock Plunged This Week

From Nasdaq:

Plug Power (PLUG) saw a volatile year, with stock soaring in January after CEO’s announcement. Shares dropped about 19% this week after financial move to exchange convertible notes, raising interest expenses. Company faces increased financial risk. Investors should be cautious before investing in Plug Power. Motley Fool Stock Advisor team identified 10 best stocks for investors, Plug Power not included. Stock Advisor service has outperformed S&P 500 since 2002. Author and Motley Fool have no positions in mentioned stocks. Views expressed are author’s own and do not reflect Nasdaq, Inc.



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