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Plug Power
Plug Power (PLUG) stock fell as much as 38% on Friday after the hydrogen fuel cell developer posted weaker than expected results and issued a "going concern" notice regarding its potential inability to fund operations over the next year.The Latham, NY-based company said in a filing published late Thursday it projects that "existing cash and available for sale and equity securities will not be sufficient to fund operations through the next 12 months.""These conditions and events raise substantial doubt about the Company’s ability to continue as a going concern," read the filing.
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15900
(339043)