Imagine a company that makes clean energy from hydrogen. It's called Plug Power, and it's been having some tough times. They're trying to save money and become more successful. They're making changes to improve their financial situation.
- Plug Power is cutting jobs to save money.
- They're also reducing spending and selling some things they own.
- They hope these changes will make them more profitable.
Change | Effect |
---|---|
Job cuts | Reduces costs |
Reduced spending | Improves finances |
Stock price change (past year) | Down about 60% |
Stock price change (today) | Initially down 9%, then up 4.5% |