Plug Power (PLUG) Stock Today – 28 November 2025: Dilution Risks, AI Pivot and Fresh Institutional Buying
Plug Power shares traded near $2.02 Friday, up about 2% in a shortened session, after new reports on share dilution, an AI-driven strategy shift, and institutional interest. The stock has rebounded 150% in six months but remains down 92% over five years. Management is seeking approval to double authorized shares to 3 billion. Plug recently raised $375 million to refinance debt and is pivoting toward AI data-center power partnerships.