Plug Power (PLUG) Stock: Investors Dump Shares Despite Better-Than-Expected Earnings

TLDR Plug Power stock declined 9.84% to $2.25 even after beating earnings estimates with -$0.12 adjusted EPS versus expected -$0.13 Q3 revenue hit $177.1 million, meeting Wall Street forecasts, but gross margin of -70.7% and net margin of -313.7% concern investors Company unveiled $275 million liquidity plan involving asset sales and cost reductions to improve [...]

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