Why Plug Power Stock Just Crashed

Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) have had an amazing run over the past year -- up more than 15-fold in 12 short months. That sounds like great news for the stock, but one analyst has a different word for it: "absurd."

In a series of tweets this morning, short-seller Kerrisdale Capital Management laid out its case against Plug stock, and it appears to be having an effect on the stock already. Plug shares are down 6.5% as of 11:30 a.m. EST. But what specifically does this analyst have against the company?

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Source Fool.com