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Why Plug Power Stock Surged Monday

·2 min read
Why Plug Power Stock Surged Monday
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Plug Power (NASDAQ: PLUG) has spent the past year working to expand its supply of green hydrogen production and increasing the use of hydrogen as a fuel. Plug Power has partnered with several overseas companies in the process, and one of them announced a deal with a competitor today. Investors see that as good news for Plug Power, and drove its shares up 6.2% as of 2:50 p.m. EDT.