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Plug Power Stock Plunges After Earnings. Here's What Investors Need to Know.

Plug Power Stock Plunges After Earnings. Here's What Investors Need to Know.

Plug Power (NASDAQ: PLUG) stock crashed after its first-quarter numbers came out Tuesday morning. The same story has played out at Plug Power for several years now: Its revenue continues to grow, and so do its losses. In fact, the hydrogen fuel cell specialist even said it "reaffirmed" its outlook for 2023, which means the company could finally turn a gross profit this year.