Shares in embattled hydrogen firm Plug Power slump to four-year low after it reveals plans to sell up to $1bn of stock

Share price has now fallen more than 85% in past 12 months amid ongoing operating losses

A still from a Plug Power animation showing a rendering of the company's 'ultra-efficient' liquefaction technology. — A still from a Plug Power animation showing a rendering of the company's 'ultra-efficient' liquefaction technology.Photo: Plug Power/YouTube

Leigh Collins

Plug Power US Finance PEM electrolysers Fuel cells

Published 18 January 2024, 16:53Updated 18 January 2024, 16:59