Author: Vitaliy Dadalyan

PreMarket Prep Stock Of The Day: Plug Power

The electric vehicle craze that has gripped Wall Street this year, led by Tesla (NASDAQ: TSLA), is starting to cool off. One issue that has withstood the test of time is Plug Power Inc (NASDAQ: PLUG) and is the PreMarket Prep Stock Of The Day.The Company: Plug Power is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way.Ups And Downs Over The Years: Being an issue that underwent two reverse stock splits (2011 and 2013) to maintain listing requirements, its long-term price history is distorted. Based on the 20-year price history available on the Tradestation platform, the company debuted in September 2000 at $440 and reached $472.50 before entering a multi-year bear market.The bear market culminated in February 2013 at...