Plug Power (NASDAQ:PLUG) stock has staged a strong comeback despite the elevated short interest.
After bottoming at $0.688 in May last year, the hydrogen power company has soared by 475% to $3.95.
It has jumped by 65% this year, outperforming the S&P 500 Index, which has jumped by 9.15% this year.
Plug Power Stock Has Jumped After Encouraging Earnings PUG stock has staged a strong comeback after crashing to a record low last year.
This rebound continued this year after the company published two encouraging financial results that demonstrated its business was making a slow recovery.
