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Why Shares of Plug Power Soared 31% in August

After heating up in July and climbing 29%, shares of Plug Power (NASDAQ: PLUG) extended their gains in August and rose 31%, according to data from S&P Global Market Intelligence. What propelled Plug Power to pop last month? News surrounding the Inflation Reduction Act has consistently pushed shares of Plug Power higher throughout the summer. Read More...

After heating up in July and climbing 29%, shares of Plug Power (NASDAQ: PLUG) extended their gains in August and rose 31%, according to data from S&P Global Market Intelligence. What propelled Plug Power to pop last month? News surrounding the Inflation Reduction Act has consistently pushed shares of Plug Power higher throughout the summer.

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