The $1.7 Billion News That Sent Plug Power Stock Surging: Here's What You Need to Know Before Buying

By Jason Hall and Tyler Crowe – May 14, 2024 at 4:16PM

NASDAQ: PLUG

Plug Power

Market Cap

$3B

Today's Change

(3.60%) $0.12

Current Price

$3.45

Price as of June 3, 2024, 4:00 p.m. ET

More cash will solve some problems, but maybe not the ones that need to be solved.

In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss the recent conditional loan approval that would be a lifeline for Plug Power (PLUG 3.60%), and what investors need to know before thinking about buying shares. Stocks also discussed include Linde (LIN -0.27%) and Bloom Energy (BE -3.49%).

*Stock prices used were from the afternoon of May 14, 2024. The video was published on May 14, 2024.

Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Linde. The Motley Fool has a disclosure policy. Jason Hall 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.