Plug Power, Inc (NASDAQ:PLUG) was sliding over 4% lower on Tuesday as the stock headed toward its second-quarter earnings print, which is expected after the market close.
When the hydrogen fuel cell systems manufacturer printed its first-quarter earnings miss on May 9, the stock plunged 20% over the three trading days that followed to reach a May 12 52-week low of $12.70. The stock then traded sideways in consolidation, between the $14 and $20 range, until breaking up from the pattern on July 28.
