Plug Power Stock Skyrockets on Hydrogen Hype – Bubble or Breakout?
A Plug Power facility marked “Green Hydrogen at Work.” The hydrogen fuel-cell maker’s stock has seen a “wild ride” in October as investors chase a hydrogen boom ts2.tech ts2.tech. Stock Rally and Volatility Plug Power’s stock has exploded higher this fall. After spending much of the summer under $2 per share, PLUG jumped from the low-$2s in early September to over $4 by mid-October – roughly a 170% gain in six weeks ts2.tech ts2.tech. On Oct. 6 the stock briefly hit ~$4.50 intraday – a one-year high – on the back of bullish news and buying frenzy ts2.tech ts2.tech. Even