Shares of several companies in the broader industrial sector, including Plug Power Inc PLUG are trading higher after the U.S. House of Representatives passed a $1.2 trillion infrastructure bill.
The bill backs efforts to expand the use of electric vehicles and clean energy with $7.5 billion of funding to create a nationwide network of EV charging stations to encourage the adoption of EVs.
See Also: US House of Representatives Approves $1.2T Infrastructure Bill With Bipartisan Support
Plug Power is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way.
Plug Power has a 52-week high of $75.49 and a 52-week low of $17.76.
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