Plug Power Inc.

(NASDAQ:PLUG) stock was trading lower in Monday's premarket session as investors continued to navigate a broader risk-off market environment.

Nasdaq futures are down 1.06% while S&P 500 futures have shed 0.34%.

Liquidity Boost Separately, Plug on Monday announced two transactions with Stream US Data Centers that are expected to provide more than $80 million in near-term liquidity as part of its broader plan to improve liquidity by more than $275 million.

The company signed a definitive agreement to sell its Graham, Texas, project for up to $76.5 million.