Plug Power Inc. Stock Price Today: PLUG Slides as Investors Test New CEO’s Turnaround
Plug Power shares fell 2.6% to $2.25 Tuesday, erasing part of Monday’s rebound after executives pitched a turnaround at Roth’s growth conference. The stock remains about 50% below its 52-week high. Plug ended 2025 with $368.5 million in cash and expects asset sales to add $275 million. Wall Street analysts remain cautious, seeking proof of sustained improvement despite a positive fourth-quarter gross margin.