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Plug Power Inc. Surges to 465th in Trading Volume with 1.84 Billion Shares Exchanged

Generated by AI AgentAinvest Volume Radar

Friday, Jun 6, 2025 7:45 pm ET1min read

On June 6, 2025, Plug Power Inc.PLUG-- (PLUG) experienced a significant surge in trading volume, with a total of 1.84 billion shares exchanged, marking a 161.67% increase from the previous day. This substantial trading activity placed PLUGPLUG-- at the 465th position in terms of daily trading volume. The stock price of PLUG also saw a notable increase, rising by 11.21%.

On June 5, 2025, Plug PowerPLUG-- Inc. announced the issuance of a single share of its newly designated Series F Mirroring Preferred Stock to CEO Andrew J. Marsh. This move is part of the company's strategic efforts to strengthen its financial position and support its ongoing growth initiatives.

One of the challenges facing Plug Power is the significant number of shares currently out on loan, which stands at approximately 40%. This high level of shares on loan can negatively impact both voting rights and stock liquidity, potentially affecting the company's ability to make strategic decisions and respond to market dynamics.

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