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Why Plug Power Stock Dropped, Then Recovered Today

TheMotleyFool

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Why Plug Power Stock Dropped, Then Recovered Today

After a huge increase of more than 60% last week, shares of Plug Power (NASDAQ: PLUG) opened Monday down more than 11%. But the stock recovered from the initial drop and were back to breakeven as of 11 a.m. EST.

After strong gains over the past three months -- accelerating through last week -- investors took some profits in the hydrogen fuel cell company early this morning.