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NASDAQ:PLUG 2 January 2026 - 16 January 2026

Plug Power stock (PLUG) slides after TD Cowen downgrade as Walmart deal and dilution vote near

Plug Power stock (PLUG) slides after TD Cowen downgrade as Walmart deal and dilution vote near

New York, Jan 10, 2026, 18:43 — Market closed Shares of Plug Power dropped Friday following TD Cowen’s downgrade of the hydrogen equipment maker to “hold” from “buy.” The firm also slashed its price target to $2 from $4, pointing to weak demand in material handling and electrolyzers. The stock last traded at $2.19, down 5.8%, on volume of roughly 114 million shares.
11 January 2026
Plug Power stock slides after TD Cowen downgrade revives cash-burn fears

Plug Power stock slides after TD Cowen downgrade revives cash-burn fears

New York, Jan 10, 2026, 07:23 — Market closed Shares of Plug Power Inc dipped 5.6% on Friday, closing at $2.19, pressured by a TD Cowen downgrade that nudged the hydrogen fuel-cell company back toward the $2 mark. The stock fluctuated between $2.14 and $2.33 during the session, after ending Thursday at $2.32. Volume hit around 114 million shares, surpassing the company’s recent averages. Meanwhile, the Nasdaq Composite climbed 0.81%, and rival Ballard Power Systems gained 1.1%.
Plug Power stock in focus as TD Securities downgrades to Hold, cuts target to $2

Plug Power stock in focus as TD Securities downgrades to Hold, cuts target to $2

New York, Jan 9, 2026, 07:51 EST — Premarket Plug Power shares hovered around $2.32 in premarket trading on Friday after TD Securities downgraded the hydrogen equipment maker to hold from buy and cut its price target to $2 from $4. The broker pointed to slower demand and execution risks in electrolyzers — machines that split water to make hydrogen — and in the material-handling business tied to fuel-cell forklifts and service. TD said Plug still lacks a clear path to positive free cash flow, the cash left after capital spending, and flagged management targets of about $215 million in quarterly revenue for gross margin break-even and $300 million for EBITDA positive.
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