Plug Power Stock Jumped 83% in the First 5 Months of 2026 Only to Give up 100% of the Gains. Here's What to Expect From the Hydrogen Stock the Rest of the Year.
Plug Power shares have consistently struggled to hold onto their gains.
Overview
In January 2025, Plug Power (NASDAQ: PLUG) had just experienced a massive run, with shares hovering just below $3. I questioned whether investors should continue trusting the popular hydrogen stock. My assessment was damning.
"Some businesses aren't worth an investment at any price," I concluded. "For me, Plug Power meets this threshold."
Details
My reasons were simple. On paper, hydrogen energy is very promising, especially when viewed as a climate solution. Most experts agree that hydrogen fuel use will rise over the coming decades, with demand especially from hard-to-decarbonize sectors such as aviation and steelmaking.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.