The stock of Plug Power (PLUG) surged by 37% over the course of the week, driven by a positive analyst note and news of production at a new plant. The company, based in Latham, N.Y., has been focusing on green hydrogen supply chain and has seen a surge in its stock after an analyst upgraded their rating and news of production completing its first customer order sent its hydrogen to Amazon, Walmart and Home Depot. Although the company has faced funding challenges, it is aiming to become the largest green hydrogen producer in the world and expand its focus beyond forklifts to heavy-duty vehicles and stationary fuel cells. Despite these developments, the stock has not fully rebounded from its all-time high in 2021, but has gained more than 4% so far in 2024.
:max_bytes(150000):strip_icc()/GettyImages-2190848732-e82ca8b164c74252a2f47b0e20fee915.jpg "S&P 500 Positive factors and Losses These days: Tech Shares Fall to End Vacation Week")
