Why Plug Power Stock Just Popped Again

Rich Smith, The Motley Fool
·2-min read
Why Plug Power Stock Just Popped Again

Shares of rising hydrogen fuel cell stock Plug Power (NASDAQ: PLUG) is rocking Friday afternoon, up 3.5% as of 12:50 p.m. EDT. If you own any of the big fuel cell names, you can send your thank-you notes to Investor's Business Daily. In a report this morning, momentum stock-trader guide IBD declared that hydrogen fuel cells "may be near a big breakthrough," citing an announcement from Chevron and Toyota on Wednesday that the companies have formed a "strategic alliance" to "build out hydrogen fuel cell infrastructure."