Plug Power stock price slips premarket as shareholders vote on doubling authorized shares
Plug Power shares fell 0.4% to $2.44 in Thursday premarket trading ahead of a shareholder vote on doubling authorized shares to 3 billion. The company warned it may pursue a reverse stock split if the proposal fails. The vote result is expected after a 10 a.m. ET meeting. Plug shares remain down 46% from their 52-week high.