Plug Power Is Undergoing a Massive Transformation: Here Are 3 Things Investors Need to Know
After racking up an accumulated deficit of $8.2 billion, Plug Power is looking to revitalize its business to achieve profitability.
Plug Power Is Undergoing a Massive Transformation: Here Are 3 Things Investors Need to Know
Overview
For over a quarter of a century, Plug Power (NASDAQ: PLUG) has been building out a hydrogen infrastructure ecosystem, but its efforts have borne little fruit. Since going public, Plug Power has never turned an annual profit.
The company is looking to buck its 25-year trend and lean into its most promising businesses while cutting those that have been dragging it down, and the transformation could make it a worthwhile investment.
Details
However, before you buy the stock, here are three things to know about Plug Power's makeover.
Source
Originally published at www.fool.com.
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