Plug Power Inc Rings Nasdaq Bell, but New CEO Still Faces a Cash-Burn Test
Plug Power will ring Nasdaq’s closing bell Friday as new CEO Jose Luis Crespo marks his first week and highlights 2025 results. The company posted a $1.69 billion net loss for 2025 despite 12.9% revenue growth to $710 million and a positive fourth-quarter gross margin. Shares traded at $2.29 premarket, down 19 cents. Plug ended 2025 with $368.5 million in cash and plans asset sales to fund operations.