Plug Power stock sinks after earnings as losses widen

Shares of Plug Power Inc.

were falling nearly 9% in premarket trading Tuesday after the fuel-cell company showed off a larger quarterly loss than analysts were modeling. The company logged a first-quarter net loss of $206.6 million, or 35 cents a share, compared with a loss of $156.5 million, or 27 cents a share, in the year-earlier quarter. Analysts tracked by FactSet were modeling a 26-cent loss per share.

were falling nearly 9% in premarket trading Tuesday after the fuel-cell company showed off a larger quarterly loss than analysts were modeling. The company logged a first-quarter net loss of $206.6 million, or 35 cents a share, compared with a loss of $156.5 million, or 27 cents a share, in the year-earlier quarter. Analysts tracked by FactSet were modeling a 26-cent loss per share.

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