"Assessing Plug Power's Investment Potential Amid Strategy Shift and Market Sentiment"

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Source: Yahoo Finance
"Assessing Plug Power's Investment Potential Amid Strategy Shift and Market Sentiment"
Photo: Yahoo Finance
TL;DR Summary

Plug Power has resolved its liquidity issues and now has sufficient cash and available liquidity to fund its operations. The company is investing heavily to capitalize on the massive growth opportunity in the hydrogen market, aiming to grow its revenue from $891 million last year to as much as $20 billion by 2030. However, it has been losing money and its share count is likely to keep rising, making it an extremely high-risk investment. Investors might want to wait and see if the company can start delivering on its promise before buying shares.

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