Why Plug Power Stock Slumped Another 24% in July
Watch out: The hydrogen stock will report its second-quarter earnings after the market close today.
Overview
Plug Power (NASDAQ: PLUG) spent months building up momentum, only to watch the entire move unravel in a matter of weeks.
After a jaw-dropping 100% rally in the first five months of 2025, the hydrogen stock went on a grueling two-month slide, shedding 31% in June and another 24% in July, according to data provided by S&P Global Market Intelligence.
Details
Aug. 10 is a crucial day for Plug Power as it announces its second-quarter numbers. Could the stock head back up?
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.