Here's Why Plug Power Stock Popped Today

Fuel-cell stock Plug Power (NASDAQ: PLUG) opened Tuesday on a positive note, gaining 2.8% within the first 20 minutes of trading. Despite slipping into negative territory soon after, the hydrogen fuel stock bounced back and was up 2.3% as of 3:30 p.m. EDT.

It appears investors in Plug Power couldn't easily decide what to make of the big news coming in from the red-hot hydrogen fuel market today.

On Sept. 7, South Korea's largest automaker Hyundai Motor Group (OTC: HYMTF) announced ambitious hydrogen plans at the self-hosted Hydrogen Wave global virtual forum.

Continue reading

Source Fool.com