Plug Power (PLUG) Files $1B ATM

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Plug Power (PLUG) sinks on massive ATM agreement

January 17, 2024 4:28 PM EST

Shares of Plug Power (NASDAQ: PLUG) are trading around 17% lower in the after-hours on Wednesday, after the company disclosed a massive at-the-market equity sales agreement.

PLUG entered into a At Market Issuance Sales Agreement with B. Riley, allowing the hydrogen... More