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Why Shares of Plug Power Popped Today


Since their closing at $1.78 on July 9, shares of Plug Power (NASDAQ: PLUG) had closed lower on each subsequent trading day, as of the end of yesterday's session. Today, however, they're poised to reverse that streak. Shares of the hydrogen and fuel cell specialist are moving higher today, thanks to some encouraging news for the hydrogen industry coming out of Europe.

As of 12:27 p.m. ET, shares of Plug Power are up 5.6%, retreating from an earlier climb of 9.2%.

Image source: Getty Images.

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Source Fool.com

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