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Plug Power Stock Is Sliding Friday: What's Driving The Action? - Plug Power (NASDAQ:PLUG)
Summary by Benzinga
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1 Articles
Plug Power Stock Is Sliding Friday: What's Driving The Action? - Plug Power (NASDAQ:PLUG)
Plug Power Inc (NASDAQ:PLUG) shares fell sharply Friday after President Donald Trump formally nominated former Fed governor Kevin Warsh as Federal Reserve chair, sparking fears that a more hawkish policy regime and potentially higher-for-longer interest rates could squeeze the hydrogen fuel-cell maker's capital-intensive growth plans. Here’s what investors need to know. Plug Power stock is feeling bearish pressure. Why are PLUG shares down? Why…
·New York, United States
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