Why Plug Power Stock Surged 34% This Week
Plug Power(PLUG) The Motley Fool·2024-01-26 19:44Shares of Plug Power (PLUG 1.18%) skyrocketed this week, surging 34.3% at its highest point in trading, according to data provided by S&P Global Market Intelligence. Investors in the hydrogen fuel cell maker aren't accustomed to such a solid rally -- Plug Power stock, after all, has been in a free fall and is still down 79% in just one year, as of this writing. This week's rebound, also the biggest rally in three years, has left investors hopeful that this is the bottom for the hydrogen stock.Plug Power is ...