Why Plug Power Stock Dropped 10% This Morning

Why Plug Power Stock Dropped 10% This Morning

Thursday started out looking pretty bleak for shareholders of Plug Power (NASDAQ: PLUG). On Wednesday, Plug Power inked a deal with Universal Hydrogen to jointly develop a hydrogen fuel-cell airplane engine capable of flying over 600 miles without refueling. Today, Plug announced a series of follow-on deals that it hopes will get its share price moving in the right direction again.