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International Business Times UK
International Business Times UK
Shyna Mae Deang

Plug Power Stock: Hydrogen Fuel Cell Supplier Leaves Rivals in the Dust as Its Stock Soars in Shock 15% Surge

Plug Power PLUG Hydrogen United States Economy Oklo

Shares of Plug Power Inc. (NASDAQ: PLUG), a US company specialising in hydrogen fuel cells and electrolyser systems, surged almost 15% in early trading on Monday before settling with an 11.9% gain after the company reported better-than-expected Q2 results.

The jump was driven by rapid growth in its electrolyser business, positioning the hydrogen fuel cell maker as a frontrunner in the fast-expanding clean hydrogen economy.

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