Shares of Plug Power were rising in late trading as investors expressed cautious optimism over the hydrogen fuel-cell company’s financial forecasts for 2022, even as fourth-quarter losses were wider than expected.
Plug (ticker: PLUG) reaffirmed its 2022 goal of raking in between $900 million and $925 million in revenue, implying 90% revenue growth year over year. The forecast indicated that the figure is likely to be above analysts’ consensus forecast for $905.8 million.
Additionally,…