PLUG gains follow a 15% decline over the past six sessions amid broader sector weakness and monthly losses.
Plug Power (PLUG) rose more than 8% in early trading, halting a six-session losing streak. The hydrogen fuel cell company had lost nearly 15% during the prior six days, extending its monthly decline to about 25%.
The recent sell-off reflected broader pressure on clean energy stocks and sector rotation away from high-growth names. PLUG had underperformed peers amid concerns over hydrogen infrastructure development and funding challenges.
The rebound comes ahead of the company’s next earnings report, with investors assessing near-term execution risks and long-term growth potential.