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Plug Power stock plunges after $200M stock offering

Pelican Press

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Plug Power stock plunges after $200M stock offering

Shares of Plug Power (PLUG) are sliding on Friday morning after the company announced a $200 million common stock offering. The company claims the offering is for “general corporate purposes.”

Morning Brief anchors

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break down the latest development for the hydrogen fuel cell developer and what it could mean for the company moving forward.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

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#Plug #Power #stock #plunges #200M #stock #offering

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