What's Going On With Plug Power Stock Friday? - Plug Power (NASDAQ:PLUG)

Plug Power, Inc. (NASDAQ:PLUG) stock rose Friday after closing a major refinancing that reshaped its balance sheet.The company also scheduled a key shareholder vote to expand its authorized share count next year.Plug closed a convertible note offering totaling $431.25 million due in 2033.Also Read: BJ’s Wholesale Shines As Shoppers Go Premium And Stay LoyalThe deal included full exercise of the underwriters’ additional purchase option. After fees and expenses, Plug received about $399.4 million in net proce ...