Why Plug Power Stock Popped Today

Plug Power presents shareholders with an offer they cannot (afford to) refuse.Shares of Plug Power (PLUG 11.87%), the maker of fuel cell systems -- and now also of the hydrogen to fuel them -- shot 13% higher through 1:11 p.m. ET Friday, as investors received encouragement that the company might be able to avoid a devastating (to morale) reverse stock split. Plug's plans to issue more stockOur story begins one week ago, when Plug Power sent shareholders a preliminary proxy statement advising of the matters ...