Why Plug Power Stock Just Jumped 8%
After two straight days of enjoying stock price gains fueled by news from other fuel cell companies, on Wednesday, fuel cell pioneer Plug Power (NASDAQ: PLUG) is finally going up because of some good news of its own.
This morning, Plug announced that it has developed a "lightweight, rugged 1kW" fuel cell system for use in "small scale robotics, automatic guided vehicles (AGVs), unmanned aerial vehicles (UAVs), and other aerospace applications."
Plug stock is responding with a 7.9% jump through 10:05 a.m. EDT.
Source Fool.com