Plug Power, Inc. (NASDAQ:PLUG) shares slipped on Wednesday after the hydrogen technology company announced a new warrant inducement agreement with a key institutional investor.The deal allows the immediate exercise of all outstanding warrants issued earlier this year, providing the company with roughly $370 million in gross proceeds before expenses.Under the agreement, the investor will exercise existing warrants covering 185.43 million shares at $2.00 per share and, in exchange, will receive new warrants t ...

Plug Power‘s (NASDAQ:PLUG) stock price fell after the hydrogen technology company unveiled a staged leadership transition, elevating Jose Luis Crespo to president this week and, later, to chief executive officer.Crespo becomes president on Oct. 10, and will assume the CEO role upon the filing of Plug's 2025 Form 10-K, targeted for March 2026, while Andy Marsh remains CEO through the handoff and shifts to executive chair.The board also named George McNamee lead director, effective Oct. 10.The move signals co ...

When “hydrogen” and “explode” appear in the same sentence, it usually spells disaster. This time, it spells breakthrough. Shares of Plug Power, a hydrogen tech provider, have exploded in the past week, climbing roughly 50% through the past five trading sessions (though its 10-day streak finally snapped on Tuesday). Given the company’s not-so-impressive history, what’s with the runup? READ ALSO: Feast or Fluke? US Home Sales Hit Highest in Almost Four Years and Tether Poised to Join Ranks of World’s Most V ...

The hydrogen technology provider is on a 10-day winning streak. ...