Energy Plug Technologies Corp., known on the NASDAQ:PLUG, is undergoing a significant transformation. The company will change its name to Aegis Critical Energy Defence Corp. and its trading symbol to QESS. This change will be effective on November 17, 2025. The transition includes a new CUSIP number, which is a unique identifier for securities. Dealers must re-enter their orders as all open orders will be canceled by the end of business on November 14, 2025. More details can be found on the Canadian Securities Exchange (CSE) website.
On November 10, 2025, Haycraft Benjamin, PLUG's Chief Strategy Officer and Executive Vice President for the EMEA Region, sold 10,000 shares of the company's common stock. The shares were sold at $2.92 each. After this transaction, Benjamin still holds 467,583 shares. This sale is documented on the SEC website, providing transparency to investors and stakeholders.
Currently, PLUG's stock price is $2.25, marking a 9.84% decrease. The stock has dropped by $0.25, with today's trading range between $2.24 and $2.50. Over the past year, the stock has seen a high of $4.58 and a low of $0.69. This volatility reflects the challenges and opportunities in the energy sector.
PLUG's market capitalization stands at approximately $2.32 billion, indicating the total market value of its outstanding shares. The trading volume for the day is 80.61 million shares, showing active investor interest. As PLUG transitions to QESS, investors will be watching closely to see how the company navigates this change and its impact on stock performance.