
Shares of Plug Power Inc (NASDAQ:PLUG) are trading higher Monday morning, pushing upward as the stock trends across social media. Monday’s move higher suggests a potential shift in investor sentiment following a volatile week that saw positive operational news get overshadowed by financing concerns.
What To Know: Last week, the stock initially surged on dual catalysts. First, Plug announced a renewed and expanded hydrogen supply agreement with a key industrial partner, securing lower-cost liquid hydrogen through 2030. CEO Andy Marsh praised the deal as a "win for… our margin profile."