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Why Plug Power Stock Jumped 42% This Week
PLUGPlug Power(PLUG) The Motley Fool·2024-02-02 19:21

Plug Power (PLUG -1.60%) stock absolutely crushed the market this week, surging a massive 42% at its highest point in trading through noon ET Friday, according to data provided by S&P Global Market Intelligence. Investors in Plug Power are accustomed to wild price swings, but they found several reasons to bet on the languishing hydrogen stock this week.One analyst believes Plug Power stock could doublePlug Power stock surged more than 30% last week as well, after the company said it had negotiated a loan of ...