Plug Power (NASDAQ: PLUG) has been through turbulent times before, but the recent drop in the stock and growing losses make this different from previous downturns. In this video, Travis Hoium covers why this won’t end well for Plug Power without the company turning major parts of its operation around soon.

*Stock prices used were end-of-day prices of Jan. 23, 2024. The video was published on Jan. 23, 2024.

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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Plug Power’s Freefall: Why This Time Is Different was originally published by The Motley Fool