Plug Power Stock Is Up 11% Tuesday: What's Going On?

Plug Power Inc (NASDAQ:PLUG) shares are trading higher by 11.5% to 88 cents Tuesday afternoon. The stock is rebounding sharply amid a broad Wall Street rally, sparked by potential easing of geopolitical concerns.

What To Know: Tuesday’s market bounce followed Monday's sell-off, which was triggered by the Trump administration’s pressure on the Federal Reserve. On Tuesday, major indices all surged more than 2.5%, with the Nasdaq-100 gaining over 400 points.

Sentiment improved further after U.S. Treasury Secretary Scott Bessent signaled a potential easing in U.S.-China tensions.

Plug Power shares have also been volatile in recent sessions following last week’s launch of a major hydrogen liquefaction facility in Louisiana, developed in partnership with Olin Corporation. The company says the facility adds 15 metric tons of daily capacity and strengthens Plug's domestic supply chain.

Despite financial headwinds—including a fourth-quarter earnings miss, a $280 million capital raise, and a sharp revenue guidance cut—CEO Andy Marsh remains bullish, taking 50% of his salary in company stock to signal confidence in the company's long-term outlook.

Read Also: Tesla In ‘Code Red Situation’ As Analyst Flags 6 Threats Tied To Musk’s Government Role

How To Buy PLUG Stock

By now you're likely curious about how to participate in the market for Plug Power – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, PLUG has a 52-week high of $4.88 and a 52-week low of $0.76.