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Why Plug Power Stock Just Bounced Back

TheMotleyFool

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Why Plug Power Stock Just Bounced BackPhoto, wide shot, wide-angle lens, Hedge fund, neutral atmosphere, photo by Charlie Waite: https://img.theapi.app/temp/95282efd-f725-49c0-be40-aa74627f7ccc.png

I guess you could call it "pin action." This morning, as you may have heard, investment bank JPMorgan announced it was upgrading shares of fuel cell company Bloom Energy (NYSE: BE) to "overweight."

Bloom stock responded rapidly to the upgrade (it's now up 6.3%), but rival Plug Power (NASDAQ: PLUG) is responding positively as well, rising 5.2% through 3 p.m. EDT.

Image source: Getty Images.

Source Fool.com

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