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Why Plug Power Stock Bounced Back Today

TheMotleyFool

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Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) tumbled in Monday trading as investors reacted to a broad-based S&P 500 sell-off and an announcement from Plug Power that it will be investing heavily over the next several years to develop a string of liquid hydrogen production plants stretching from New York to California.

But as it turns out, Plug wasn't the only company with news about Plug to report. That news caused Plug Power to bounce up 2.3% as of 9:40 a.m. EDT Tuesday.

Image source: Getty Images.

Source Fool.com

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