NasdaqCM:PLUGElectrical
Plug Power (PLUG) Valuation in Focus as Fed Signals Boost Sentiment and Margin Recovery Progresses
If you’ve been watching Plug Power (PLUG), you probably noticed the stock’s sudden jump following the Federal Reserve Chair’s dovish signals on interest rates. That announcement sent a ripple through growth equities, and Plug Power, in particular, grabbed attention given its hefty capital needs for expanding hydrogen and fuel cell operations. Investors appear to be responding not just to the prospect of cheaper borrowing, but also to encouraging updates on the company’s margin recovery...