Why Plug Power Stock Dropped Then Rebounded Monday

·2-min read
Why Plug Power Stock Dropped Then Rebounded Monday
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  • COP26
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    South African–born American entrepreneur

The tech sell-off continued in early trading today, and alternative energy stocks were no exception. Hydrogen fuel technology company Plug Power (NASDAQ: PLUG) initially dropped more than the overall Nasdaq Composite Index, losing more than 6%. It highlighted Elon Musk's view that hydrogen fuel cells aren't the right path for electric vehicle development.

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