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Why Plug Power Stock Just Jumped 8%

TheMotleyFool

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After two straight days of enjoying stock price gains fueled by news from other fuel cell companies, on Wednesday, fuel cell pioneer Plug Power (NASDAQ: PLUG) is finally going up because of some good news of its own.

This morning, Plug announced that it has developed a "lightweight, rugged 1kW" fuel cell system for use in "small scale robotics, automatic guided vehicles (AGVs), unmanned aerial vehicles (UAVs), and other aerospace applications."

Plug stock is responding with a 7.9% jump through 10:05 a.m. EDT.

Source Fool.com

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