Plug Power Stock Slips as Court Lets Part of Investor Suit Move Ahead During Louisiana Plant Tour
A Delaware judge allowed investors to pursue part of a securities lawsuit against Plug Power over statements on hydrogen production targets and revenue forecasts. The ruling came as Plug hosted an investor tour of its Louisiana hydrogen plant with Oppenheimer. Plug shares fell about 5% to $3.06 in early afternoon trading. The company reaffirmed its goal of positive EBITDAS in the fourth quarter of 2026.