While the fuel cell maker reported a loss, it still beat the sole estimate from Cowen & Co. and showed marked improvement in sales and revenue.
Plug Power Inc
- Plug Power Inc. (Nasdaq: PLUG) Stock Back on Track with Results and Guidance
- Here's What's Behind Plug Power's (Nasdaq: PLUG) 565% Gain in 2014
- Why Plug Power Inc. (Nasdaq: PLUG) Is Electrified with 334% Gains in 2014
Plug Power Inc. (Nasdaq: PLUG) gained 24.67% today (Monday), and that's just a small slice of the 565.16% surge PLUG stock has seen so far in 2014.
Last week, the alternative energy company was on an absolute tear. PLUG stock logged a net gain of 77%, despite a 5.78% drop Thursday on news that Plug Power would be conducting a $22.4 million secondary offering.
Alternative energy company Plug Power Inc. (Nasdaq: PLUG) is on an absolute tear, up 334.19% so far in 2014 and 52.61% over the past five days.
On Tuesday, PLUG shares surged 20% to a fresh 52-week high of $7.02 before finishing the session up 15% to $6.99.