Shares of Plug Power Inc (NASDAQ:PLUG) are trading lower Wednesday morning. The continued selling pressure follows a two-day slide that erased some recent gains, leaving investors to weigh long-term growth against near-term financing pressures.
What To Know: The recent downturn was triggered by a July 9 prospectus filing for the potential resale of up to 31.5 million shares by a selling stockholder. While Plug Power will not receive proceeds, the filing stoked investor concerns over share dilution, contributing to a pullback that began Monday.
