Why Plug Power Stock Jumped Again Today
Plug Power(PLUG) The Motley Fool·2024-01-31 17:32
Shares of hydrogen fuel cell company Plug Power (PLUG 22.52%) continued to soar again today. Over the past five trading days, the stock has jumped by more than 25%. There have been several catalysts for the recent surge in the stock. That includes today's jump of 17.8% as of 11:50 a.m. ET.Making green hydrogenPlug Power stock had plunged since it implied bankruptcy was a real possibility when it issued a "going concern" warning with its third-quarter report in November. But shares rebounded after Plug provi ...