If You'd Bought 1 Share of Plug Power at Its IPO, Here's How Many Shares You Would Own Now

Recognized as a leading hydrogen and fuel cell business, Plug Power (NASDAQ: PLUG) is optimistic that it will play a pivotal role in the ongoing adoption of hydrogen power solutions. Plug's not alone in waxing optimistically about the burgeoning hydrogen economy, as many energy experts acknowledge that hydrogen will occupy an increasingly significant position on the energy landscape.While investors recognize Plug as an interesting growth opportunity, the company has been on the public markets for nearly 25 years. Let's take a look to see how many shares of Plug stock investors would have if they had clicked the buy button when the company held its initial public offering (IPO) in 1999.In its history as a publicly traded company, Plug Power has had only one stock split: a 1-for-10 stock split it executed in 2011. This reverse stock split meant that for every individual share of Plug stock that investors held, they then had 0.1 shares. To make the math a little simpler, for every 100 shares before the split, after the split, investors would then have 10 shares.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool