On Wednesday, absent any news such as quarterly earnings results that could conceivably drive the stock higher, shares of Plug Power rose more than 7%, after gaining 9.7% on Tuesday. In the last 6 months the stock has jumped 129%; in the last year 203%."I cashed on SPCE, got out a little early but had huge gains. And I'm in the haul for PLUG," Reddit user kashflowz said, while Heydanu wrote "Sold of 50% SPCE for a big win. Bought a lot of PLUG.
To be sure, the recent surge is showing signs it may be detached from reality. With this week's gains, the stock is now well above the $4.86 average 12-month forecast for analysts, according to FactSet.
How about find a money losing speculative stock that isnt surging. If anything the market has taught is that he who spends and loses the most money owns the world Powell for President
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Source: BusinessInsider - 🏆 729. / 51 Read more »
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