Plug Power stock rises premarket as CEO sets Reddit AMA ahead of dilution vote
Plug Power shares rose 0.9% to $2.33 in premarket trading Wednesday after CEO Andy Marsh scheduled a Reddit Q&A for Jan. 22, ahead of a Jan. 29 shareholder vote. The company seeks approval to double authorized shares to 3 billion or, if rejected, pursue a reverse stock split. Marsh will become executive chairman in March, with Jose Luis Crespo taking over as CEO.