Plug Power’s 170% Hydrogen Rally Cools – Can PLUG Stock Reignite?
Plug Power shares soared about 170% from late summer lows to a $4.58 peak in early October, then dropped to around $2.8–$2.9 by Oct. 30. The company signed a 2 GW electrolyzer deal in Uzbekistan, raised $370 million, and secured major credit lines. Founder CEO Andy Marsh will step down in 2026. Analysts remain split, with targets ranging from $1 to $4.50.
