Plug Power Stock Edges Higher As Shareholders Approve Share Increase, Avoid Reverse Split
Plug Power stock is building positive momentum. What’s driving PLUG shares up?Capital Flexibility, Strategic GrowthFor shareholders, the vote is about more than mechanics. Plug is racing to fund fuel-cell plants, expand hydrogen production and serve industrial and data-center customers. Extra shares give management flexibility to raise cash in smaller, staged offerings instead of being pushed into a reverse split that could have scared off institutions and increased volatility.What Investors Will Watch Next ...