With Shares Falling Off Recent Highs, Can Plug Power's Upcoming Earnings Reignite Its Stock?
Trading for as much as $6.05 in late February, shares of Plug Power (NASDAQ: PLUG) had reached highs unseen in more than five years. And this performance wasn't a flash in the pan, as the stock was one of the best-performing renewable-energy stocks in 2019. Unsurprisingly, though, the stock has suffered as fear regarding the novel coronavirus has gripped the market.
With Plug Power scheduled to release its Q4 2019 earnings on March 5, however, a strong report may be the thing to spark investors' confidence and inspire them to pick up shares again. Let's look at some of the things investors can expect from the company when it presents earnings.
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Source Fool.com