NASDAQ:PLUG 1 February 2026 - 11 March 2026

Plug Power Inc slipped 0.5% to $1.90 in premarket action Friday, after the hydrogen fuel-cell firm said it reached a binding agreement to sell its Project Gateway property in New York to Stream Data Centers, securing at least $132.5 million in the deal.

Plug Power Inc surged 11.6% Friday, finishing at $2.08 after losing ground over the previous two sessions. About 109 million shares changed hands as investors eyed a postponed shareholder vote that could be key for the hydrogen firm’s future financing. Ballard Power Systems, another name in fuel cells, added roughly 5.9% for the day.

Plug Power shares climbed 2.7% in premarket trading Friday, reaching $1.91. The move pared losses from the previous session as investors reacted to another postponement of a key shareholder vote.

Plug Power shares hovered around $2.08 in early trading Tuesday, barely moving as the hydrogen and fuel-cell firm clarified its stance ahead of a crucial Feb. 5 vote on boosting its share authorization. Marsh told the board he is “strongly opposed to a reverse stock split,” but cautioned that if the proposal doesn’t pass, the company would still need to go down that route. He noted that previous shareholder approval covers splits anywhere from 1-for-5 up to 1-for-200.