Plug Power Stock Price Today: Shares Jump as New CEO Takes Turnaround Pitch to Investors
Plug Power shares rose 4.7% to $2.25 midday Monday after announcing senior executives will meet investors in Europe and Washington this week. The company ended 2025 with $368.5 million in cash and expects $275 million from asset sales, but reported a $1.63 billion net loss for the year. Plug posted positive fourth-quarter gross margin and reaffirmed leadership continuity under new CEO Crespo.