Why Shares of Plug Power Are Surging Today
After falling yesterday, shares of Plug Power (NASDAQ: PLUG) are roaring back today as the pessimism that plagued the fuel cell specialist's stock on Wednesday seems to be waning. The catalyst for today's movement appears to be news that the company is progressing in its plans to develop a green hydrogen production facility in its home state of New York.
As of 10:25 a.m. EDT on Thursday, shares of Plug Power were up 5.7%.
A hydrogen refueling station. Image source: Getty Images.
Source Fool.com
