Has Plug Power Stock Reached an Attractive Entry Point? Analyst Weighs In
Has momentum stalled for Plug Power (PLUG)? 2021 is proving a bit
of a come down for this previously high-flying new energy stock. To
wit, since peaking at $70.3 in mid-January, the share price has
retreated by a hefty 64%. The hydrogen fuel cell maker’s pullback
has been part of a wider trend as growth stocks have taken a
breather, but investors have also found reasons for concern due to
a more specific issue.