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Published

Investors Cautiously React to Major Funding News

Summary by elblog.pl
Plug Power’s Rollercoaster Journey In a surprising turn of events, Plug Power (PLUG) stock experienced a sharp decline despite major financial backing. Earlier this week, shares surged on speculation that a substantial loan from the U.S. Department of Energy (DOE) was imminent. However, upon confirmation of the $1.7 billion loan, the stock took a dive, dropping 7.1% by mid-morning. The DOE’s support is set to significantly bolster Plug Power’s o…
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