Plug Power stock jumps to $2.36 — what to watch before the next session
Plug Power shares rose 4.4% to $2.36 on Friday, rebounding after a sharp drop the previous day. Trading volume surged to 118 million shares ahead of a Jan. 29 shareholder vote on doubling authorized shares and modernizing voting standards. The company warned a reverse stock split may follow if the measure fails. U.S. markets will be closed Monday for Martin Luther King Jr. Day.