Reported 3 days ago
Plug Power's stock (PLUG) skyrocketed over 287% since an insider purchase by the CFO in June, reflecting growing confidence in the company following significant hydrogen infrastructure developments. Despite the stock's impressive rally and reaching a new 52-week high, analysts remain cautious, maintaining a 'Hold' rating due to uncertainties around profitability. However, bullish sentiment is evident in the options market, indicating potential for continued upward momentum.
Source: YAHOO