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Benzinga
Benzinga
Business
Adam Eckert

Why Plug Power Stock Is Trading Lower

Plug Power Inc (NASDAQ:PLUG) shares are trading lower Tuesday after the company reported first-quarter financial results.

Plug Power said first-quarter revenue increased 96% year-over-year to $140.8 million. Material handling represented approximately $96 million in revenue, while other product offerings represented about $44.8 million.

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