Why Plug Power Inc's Shares Plunged 17% in November
Shares of hydrogen fuel company Plug Power Inc (NASDAQ: PLUG) plunged 16.8% in November, according to data provided by S&P Global Market Intelligence, after reporting another big quarterly loss.
Third quarter net revenue doubled to $35.4 million, but net loss more than tripled to $41.0 million, or $0.18 per share as the cost of stock warrants weighed on the company's financials.
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Source: Fool.com
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