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Benzinga

Business

Akanksha Bakshi

Plug Power's Hot Streak Stalls As Wall Street Frets Over Warrant Surprise

PLUG Plug Power Plug Power Inc Hydrogen Donald Trump

Plug Power Inc.

Plug Power Inc (NASDAQ:PLUG) shares are down over 7% on Monday, after a multi-day rally fueled by a major hydrogen supply deal and supportive federal policy developments. Despite today’s drop, the stock remains up 8% over the past five sessions.

The pullback comes after a sharp rally sparked by Plug Power’s announcement of a renewed and expanded long-term hydrogen supply agreement with a major U.S.-based industrial gas partner.

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