NASDAQ:PLUG 19 June 2026 - 12 July 2026

Plug Power Inc. shed roughly $570 million in market value last week, using Friday's market cap and keeping the share count steady. This came despite the company announcing a big electrolyzer order out of Australia. With U.S. cash markets closed Sunday, the latest quote is still Friday’s close at $2.23, down 15.53% across five sessions. Plug Power finished the week valued near $3.10 billion.

Plug Power Inc. slipped in mid-afternoon Wednesday, but the focus was on the balance sheet. Trading volume in Plug shares was close to matching the scale of a forthcoming asset sale that investors have pegged as a key liquidity signpost.

Plug Power Inc. traded higher Tuesday as investors watched two deadlines hit the hydrogen stock: a final day for a planned asset sale to boost cash and its first week in the Russell indexes after the June reset, which steered the shares toward growth lists.

Plug Power Inc. stock was little changed Tuesday, with shares struggling to bounce back after dropping Monday. Investors looked at the hydrogen firm's higher revenues and better margins but stayed cautious on its ongoing cash requirements.