Plug Power Inc
PLUG: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|k>$?Kl | LOCK|Xm? | LOCK|$<t |
Plug Power: Additional Financing Limits Further Dilution, Sending Shares Higher
Plug Power shares rose nearly 40% in early trading on April 28 after the company announced additional financing and preliminary first-quarter results. The financing consists of a credit facility of as much as $525 million with Yorkville Advisors, with an initial $210 million tranche.
