Plug Power Surges on Crucial Updates: Should You Buy the Stock Hand Over Fist Now?

In the first three trading weeks of 2024 alone, Plug Power (PLUG 18.34%) stock had shed a whopping 40% in value. The only saving grace for the hydrogen stock would be its annual business update -- investors hoped the company would address some of its biggest concerns and help the languishing stock rebound.That pretty much explains what's happened today: Plug Power stock surged on Tuesday and was up 15% as of 11:30 a.m. ET. The stock had risen 23.9% earlier in the morning.What update did Plug Power provide t ...