Why Plug Power Stock Jumped 11% in December

Plug Power (PLUG -4.52%) stock had been dropping consistently for months in 2023 until it gave investors some respite just before the new year. The hydrogen stock rebounded and gained 11.4% in December, according to data provided by S&P Global Market Intelligence. Investors are now wondering whether the stock has bottomed out and could rally this year.Why investors bet on Plug Power despite all its problemsPlug Power's third-quarter numbers, released in November, raised several red flags. The company, which ...