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Plug Power shares fell over 15% last week, marking their worst five-day drop since July, after the company paused work tied to DOE loan while shifting focus to data centres. Plug expects over $275 million in liquidity gains from asset monetisation and signed a letter of intent to sell electricity rights. The company ended Q3 with $166 million in cash.
short by / 12:42 pm on 17 Nov
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