Plug Power went public in October 1999 at $15 a share. As of the market close Monday, it was trading for $26.13. However, in 2011, it effected a 10-for-1 reverse stock split to maintain its Nasdaq exchange listing, which management said was important to the health of the company.
Has Plug Power ever had a stock split?
On May 19, Plug Power Inc. ... The reverse split, which became effective at 5:00pm Eastern Time on May 19, 2011, was approved by the Company's stockholders at the Company's annual stockholder meeting held on May 12, 2011. The Company's Common Stock began trading on a split-adjusted basis on May 20, 2011.
What was Plug Power stock price in 2000?
On March 10, 2000, shares of Plug Power closed at a whopping $1,498 per share -- and that was after hitting an intraday high of $1,510.