NASDAQ:PLUG 5 June 2026 - 29 June 2026

Plug Power Inc. shares gave back part of Monday’s rebound on Tuesday, trading recently at $2.75, down 1.8%, after moving between $2.70 and $2.88 intraday. The stock’s market value was about $3.82 billion, while its negative earnings per share and negative price-to-earnings ratio — a valuation measure comparing share price with profit per share — underline that investors are still valuing the company on turnaround potential rather than current profits. The pullback followed a modest relief rally. Plug rose 1.45% Monday to close at $2.80, snapping an eight-session losing streak, but that move still lagged a stronger Nasdaq Composite advance of 3.07%. Volume was also light versus recent norms, which made the bounce look more like a pause in selling than a clear change in trend.

Plug Power Inc. shares stayed weak early Friday. The hydrogen fuel-cell company fell 1.05% to $2.83 Thursday, even as the Nasdaq gained 2.54% and the Dow finished up 1.86%. That was Plug’s seventh down session in a row, as investors keep looking for signs that sales growth and cost cuts will stick. PLUG was quoted near $2.83 in premarket trading around 9 a.m. ET, with a market cap near $3.95 billion. Plug held its annual meeting on June 11. Management used SEC-filed presentation materials to focus on three main priorities: material handling, electrolyzers, and hydrogen plants. The slides repeated the company’s targets—positive EBITDAS by the end of 2026, positive operating income by 2027, and turning profitable by 2028. EBITDAS is earnings before interest, income tax, depreciation, amortization, and share-based expense—a non-GAAP metric, not based on standard accounting.

Plug Power Inc. shares pointed higher before Monday’s open, clawing back a small part of Friday’s 10.69% slide as investors turned to a short week of company-specific catalysts and a still-raw market tape. The hydrogen fuel-cell company was quoted at $3.31 in pre-market trade, up 2.95% from Friday’s close of $3.22. The stock had fallen for three straight sessions by Friday, when the Nasdaq Composite dropped 4.18% and the Dow Jones Industrial Average lost 1.35%.

Plug Power Inc. heads into the new week bruised after its Nasdaq-listed shares closed Friday at $3.215, down 10.69%, leaving the stock about 18.6% below its May 29 close. U.S. stock trading was shut for the weekend; regular Nasdaq trading runs Monday through Friday from 9:30 a.m. to 4 p.m. Eastern time. That is why the timing matters. The slide came days before Plug’s June 11 virtual annual meeting, where shareholders are due to vote on directors, executive pay, the auditor and an amendment adding 25 million shares to its 2021 Stock Option and Incentive Plan, a pool used for equity awards. If those shares are later issued, holders can face dilution, meaning each existing share represents a smaller ownership slice.

Plug Power Inc. shares dropped almost 12% Friday, adding to recent losses for the hydrogen fuel-cell maker as investors continued to cut exposure to riskier clean-energy stocks. Shares on the Nasdaq changed hands at $3.17 in early afternoon trading after an open at $3.50. Around 50 million shares had traded by then. Plug’s next big investor event is coming up. The company said Thursday that CEO Jose Luis Crespo will present a company overview and answer questions after the business at its June 11 annual meeting.