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Why Plug Power Stock Soared Today

TheMotleyFool

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Why Plug Power Stock Soared Today: https://g.foolcdn.com/editorial/images/871281/surprised-investor-works-on-computer.jpg

After ending Wednesday's market session at the same level where it settled on Tuesday, shares of Plug Power (NASDAQ: PLUG) rocketed notably higher today. While those familiar with the fuel cell and hydrogen stock likely surmised that the company had announced an encouraging new deal -- or something else of note -- the reality is that the company had nothing positive to share. Instead, it was the news of a deal between a fuel cell peer and an artificial intelligence (AI) company that drove investors to click the buy button on Plug stock today.

Shares of Plug Power ended today's trading session at $3.78, a 14.2% rise over yesterday's close.

Image source: Getty Images.

Source Fool.com

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