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Plug Power Inc. Stock News
$1.38
7.07%
Nasdaq, Oct 16, 04:43 pm EDT.
Closed.
Why the stock moved Beta
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Company remains on track with 2026 revenue growth guidance, supported by continued margin improvement and a record low net cash usage of approximately $28M Third quarter earnings call scheduled for November 9, 2026 Plug Symposium 2026: Resilient Energy, Real Solutions scheduled to take place digitally on November 19, 2026 SLINGERLANDS, N.Y., Oct. 15, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NA...
Plug Power stock continued its strong downward trend, reaching its lowest level since March this year, continuing a downward trend that started in June when it reached a high of $4.31. It dropped to $1.77, with its valuation falling from $5.7 billion to the current $2.46 billion.
Plug and Arcadia eFuels enter a strategic cooperation agreement positioning Plug as the preferred electrolyzer supplier for more than 1 GW of Arcadia eFuels' e-SAF projects in Europe and the Americas 280 MW of Plug's GenEco electrolyzers will produce the hydrogen behind Project ENDOR at the Port of Vordingborg, Denmark Project ENDOR advances toward final investment decision SLINGERLANDS, N.Y., ...
Deployment strengthens Plug's growing presence across hydrogen production, refueling and industrial decarbonization projects in New Zealand and Australia 1 MW GenEco electrolyzer will produce hydrogen for HWR Hydrogen's Invercargill refueling station and dual-fuel heavy transport fleet From distributed hydrogen production to large-scale industrial projects, Plug technology is supporting a growi...
Plug Power stock has traded largely sideways in recent weeks, but remains firmly in bear-market territory after falling 47% from its May high. The shares were trading at $2.26, giving the company a market capitalization of roughly $3 billion, while short interest has climbed to 20% despite ongoing efforts to execute a turnaround.
Plug Power stock has pulled back sharply in recent months, sliding nearly 48% from its year-to-date high of $4.33 to $2.27. The retreat comes even as the company's turnaround strategy takes shape, with short interest remaining stubbornly elevated throughout the decline.
Plug Power's second-quarter earnings and a boost to expectations for full-year revenue growth reveal a company heading toward profitability, say analysts.
Plug Power stock went parabolic in premarket trading, as we anticipated in our earnings preview. PLUG jumped more than 14% to a high of $2.40, its highest level since July 9, and is now up about 30% from its monthly low.
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