Plug Power is trading 5.3% up now at $2.34 after the company released a business update detailing asset sales and a preliminary second-quarter cash balance of $162 million.
- The company outlined over $275 million in planned liquidity initiatives, a move that appears to be easing near-term solvency concerns.
- Management maintained its 2026 revenue growth guidance, supporting today’s rebound following a period of recent share weakness.