Plug Power plunges as losses mount, hit by 'unprecedented supply challenges'

Nov. 09, 2023 4:54 PM ETPlug Power Inc. (PLUG) StockFSUMFBy: Carl Surran, SA News Editor56 Comments
Hydrogen Storage In Renewable Energy

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Plug Power (NASDAQ:PLUG) -13.3% post-market Thursday after reporting a larger than expected Q3 loss and below-consensus revenues, saying results have been hurt by "unprecedented supply challenges" in the North American hydrogen market.

Plug (PLUG) said its Q3 loss rose to $283.5M, or $0.47/share, from a

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