Plug Power Rally Shows No Sign of Slowing

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By Christiana Sciaudone

Investing.com — Plug Power (NASDAQ:PLUG) is up more than 12% to a record as shares of the hydrogen fuel cell systems maker keep rising. 

PLUG has more than doubled since May 1, and the company has since boosted its revenue target for 2024 thanks to its acquisitions of United Hydrogen Group Inc. and Giner ELX. Shares have eight buy ratings, one hold and no sells, according to MarketWatch. 

Plug shares traded at $9.90 around 1:14 PM ET on Monday.