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Plug Power's stock rose despite mixed Q1 results and wider net loss, with analysts staying cautious.
Plug Power Inc.'s stock surged 15.7% to 91 cents on May 19th, following a mixed first-quarter earnings report.
Despite a 11% revenue increase to $133.67 million, the company posted a wider net loss of 21 cents per share.
Plug Power's CFO and CEO also disclosed personal investments in the company.
Despite these measures, analysts remain cautious due to liquidity concerns and negative margins.
The company aims for profitability by 2025.
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Las acciones de Plug Power subieron a pesar de los resultados mixtos del primer trimestre y de una pérdida neta más amplia, y los analistas se mantuvieron cautelosos.