Plug Power sinks as Seaport cuts to Sell on hydrogen policy risks, limited capacity growth

Plug Power (NASDAQ:PLUG) -7.7% in Monday’s trading as Seaport Global downgrades shares to Sell from Neutral with a $1 price target, as “escalating headwinds suggest [the] worst isn’t over, with risks to both top line and margin.”

President Trump’s “Unleashing American Energy” executive order