Plug Power Raises Guidance. The Stock Drops Anyway.

3 years ago 390

Stock successful hydrogen fuel-cell exertion institution Plug Power is falling aft the company’s third-quarter income fell abbreviated of analysts’ expectations.

Plug Power banal (ticker: PLUG) is disconnected 2.5% successful after-hours trading, astatine $39.70. Shares had closed down 0.5% successful regular Tuesday trading. The S&P 500 and Dow Jones Industrial Average dropped 0.4% and 0.3%, respectively.