
Plug Power has put investors through a long reset, and the question now is whether the current US$2.02 share price is sensible when judged against the revenue the business is generating. Over the past 5 years the stock has fallen 92.5%, which puts the spotlight squarely on whether the market is now paying an appropriate multiple of Plug Power’s sales rather than its past hype. Management is pursuing a refresh of its GenDrive units and asset sales that aim to support revenue growth while...




















