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Plug Power (PLUG) Stock: Surges on 125% GenDrive Growth and Stronger Hydrogen Sales

By Yasmin Werner at 2026-10-03 19:57

Sentiment: Positive

TLDR Plug Power stock rises as GenDrive deployments surge 125% year over year in Q2. Hydrogen fuel revenue climbs 15% as Plug Power improves production efficiency. Plug Power cuts operating expenses by about 50% while gross margin improves. Quarterly revenue reaches $178 million as commercial hydrogen activity expands. Plug Power raises 2026 revenue growth guidance [...] The post Plug Power (PLUG) Stock: Surges on 125% GenDrive Growth and Stronger Hydrogen Sales appeared first on CoinCentral. Continue reading...

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