Why Plug Power, FuelCell Energy, and Flux Power Stocks All Popped Today
Shares of hydrogen fuel cell pioneers Plug Power (NASDAQ: PLUG) and FuelCell Energy (NASDAQ: FCEL) exploded higher in Wednesday trading, rising 5.4% and 9.8%, respectively, by noon. Tagging along for the ride (and even exceeding those stocks' gains) is a fast-growing battery maker, Flux Power Holdings (OTC: FLUX), which notched an 11.5% gain.
There doesn't seem to be any obvious catalyst for any of these stock price moves. The last time we heard anyone talking up the sector was more than a week ago, when Morgan Stanley gave a $38 price projection for Plug Power stock.
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Source Fool.com
