Why Plug Power Stock Is Soaring 17% Today
Plug Power (NASDAQ: PLUG) is looking pretty electric this morning, rising 17.5% through 11:20 a.m. EDT trading in the wake of an early-morning earnings report that showed the fuel cell maker beating earnings estimates with a stick.
Expected to lose $0.10 per share on sales of no more than $59.5 million in Q2 2020, Plug just reported that it lost only $0.03 per share -- and did $68.1 million in business.
Image source: Getty Images.
Source Fool.com
