Stock Track | Plug Power Plummets 5.47% Intraday Amid $375 Million Convertible Notes Offering

Stock Track

2025/12/01

Plug Power Inc. (NASDAQ: PLUG) saw its shares drop sharply by 5.47% during the intraday session, despite announcing a new contract with NASA to supply liquid hydrogen for space research.

The decline was primarily driven by the company's announcement of a $375 million private offering of convertible senior notes due 2033. The proceeds will be used to retire $243 million of high-interest debt and repurchase part of its 2026 convertible notes. Analysts, including JP Morgan's Bill Peterson, expressed caution, noting that consistent progress on profitability and cash burn is needed before adopting a more positive outlook.

While the NASA contract marks a strategic milestone for Plug Power's expansion into the space industry, investor concerns over dilution and debt management overshadowed the positive news.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/1110955115"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1110955115\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1110955115?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-01 22:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110955115","market":"us","top_or_hot":-1,"title":"Stock Track | Plug Power Plummets 5.47% Intraday Amid $375 Million Convertible Notes Offering","media":"Stock Track","content":"<p>Plug Power Inc. (NASDAQ: PLUG) saw its shares drop sharply by 5.47% during the intraday session, despite announcing a new contract with NASA to supply liquid hydrogen for space research.</p><p>The decline was primarily driven by the company's announcement of a $375 million private offering of convertible senior notes due 2033. The proceeds will be used to retire $243 million of high-interest debt and repurchase part of its 2026 convertible notes. Analysts, including JP Morgan's Bill Peterson, expressed caution, noting that consistent progress on profitability and cash burn is needed before adopting a more positive outlook.</p><p>While the NASA contract marks a strategic milestone for Plug Power's expansion into the space industry, investor concerns over dilution and debt management overshadowed the positive news.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Plug Power Plummets 5.47% Intraday Amid $375 Million Convertible Notes Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Plug Power Plummets 5.47% Intraday Amid $375 Million Convertible Notes Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-12-01 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Plug Power Inc. (NASDAQ: PLUG) saw its shares drop sharply by 5.47% during the intraday session, despite announcing a new contract with NASA to supply liquid hydrogen for space research.</p><p>The decline was primarily driven by the company's announcement of a $375 million private offering of convertible senior notes due 2033. The proceeds will be used to retire $243 million of high-interest debt and repurchase part of its 2026 convertible notes. Analysts, including JP Morgan's Bill Peterson, expressed caution, noting that consistent progress on profitability and cash burn is needed before adopting a more positive outlook.</p><p>While the NASA contract marks a strategic milestone for Plug Power's expansion into the space industry, investor concerns over dilution and debt management overshadowed the positive news.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLUG","symbol_name":"普拉格能源","start_time":0,"source_url":"","article_id":"1110955115","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110955115","pubTimestamp":1764600260,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Plug Power Inc. (NASDAQ: PLUG) saw its shares drop sharply by 5.47% during the intraday session, despite announcing a new contract with NASA to supply liquid hydrogen for space research.The decline...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLUG":"普拉格能源"},"translate_title":"个股追踪|发3.75亿美元可转债普拉格能源盘中暴跌5.47%","themeId":"b94ec5db08b9be528e7b09f95698655a","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLUG":1},"content_text":"Plug Power Inc. (NASDAQ: PLUG) saw its shares drop sharply by 5.47% during the intraday session, despite announcing a new contract with NASA to supply liquid hydrogen for space research.The decline was primarily driven by the company's announcement of a $375 million private offering of convertible senior notes due 2033. The proceeds will be used to retire $243 million of high-interest debt and repurchase part of its 2026 convertible notes. Analysts, including JP Morgan's Bill Peterson, expressed caution, noting that consistent progress on profitability and cash burn is needed before adopting a more positive outlook.While the NASA contract marks a strategic milestone for Plug Power's expansion into the space industry, investor concerns over dilution and debt management overshadowed the positive news.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}