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Wall Street Got It Wrong About Plug Power. Here's Why.
PLUGPlug Power(PLUG) The Motley Fool·2024-08-25 07:13

Plug Power investors must understand why Wall Street has been consistently wrong about the stock.The stock of hydrogen fuel developer Plug Power (PLUG 3.77%) has been a bumpy ride. But since the start of 2021, that ride has been consistently lower. Back then, the stock was valued as high as 70pershare.Today,thesharepriceisbelow70 per share. Today, the share price is below 3.Wall Street has been consistently wrong about where the stock price is headed next. In 2021, right before shares collapsed, nearly a dozen firms had a buy rating on the s ...