In this video, Motley Fool contributors Jason Hall and Tyler Crow talk. plug power's (NASDAQ:PLUG) The company plans to raise up to $1 billion through a secondary offering. With a market cap of $1.5 billion at recent prices, shareholders will be treated brutally.
*Stock prices are as of the afternoon of January 19, 2024. The video was released on January 20, 2024.
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Jason Hall has no position in any stocks mentioned. Tyler Crow has no position in any stocks mentioned. The Motley Fool has no position in any stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may receive compensation for promoting its services. If you choose to subscribe through our link, we will earn extra money to support our channel. Their opinions are their own and are not influenced by The Motley Fool.
Plug Power's Desperate Drive to Raise Funds: What Investors Need to Know Before It Happens was originally published by The Motley Fool.
