J.P. Morgan Remains On The Sidelines For Plug Power - Here's Why
1. PLUG missed revenue estimates, reporting $191.5 million against $263.2 million. 2. Moderate growth projected for 2025 with increased demand for material handling. 3. Cautious optimism about securing a DOE loan amid financing delays. 4. Renewed focus on core competencies may improve balance sheet execution. 5. PLUG shares dropped 3.70%, currently valued at $1.56.