Plug Power (NASDAQ:PLUG), a clean hydrogen and fuel-cell solutions provider, closed at $1. 45, down 7. 05%. Price target cuts from Susquehanna and Morgan Stanley pressured shares, and investors are watching hydrogen adoption and guidance. Trading volume reached 81. 5 million shares, coming in about 52% above its three-month average of 53. 7 million shares. Plug Power IPO'd in 1999 and has fallen 99% since going public. The S&P 500 (SNPINDEX:^GSPC) fell 1. 11% to 7,719, and the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 1. 88% to 26,693. Concern also spread to peers in clean hydrogen, fuel cells, and zero-emission power solutions.
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