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Why Plug Power Stock Skyrocketed This Week


Plug Power (NASDAQ: PLUG) stock rallied in this week's trading, rising 21.1% across the stretch. Meanwhile, the S 500 was up 0.1%, and the Nasdaq Composite was down 0.1%.

Plug Power published its first-quarter results on May 11 and delivered sales and earnings that topped Wall Street's targets. Following the quarterly report, the stock received ratings upgrades and price-target increases from multiple investment firms.

Image source: Getty Images.

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Source Fool.com

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