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Here's Why Plug Power, Aurora, Tilray and Marathon Patent Stock Is Moving

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Here's Why Plug Power, Aurora, Tilray and Marathon Patent Stock Is Moving

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. 

Here’s why shares of Tesla, Apple, cannabis companies and Marathon Patent are moving. 

Plug Power Stock News

Plug Power (NASDAQ: PLUG) shares are trading higher after the company announced it intends to form a strategic partnership with SK Group to accelerate hydrogen economy expansion in Asian markets. Plug Power to receive $1.5 billion from SK Group.

Cannabis Stock News

Shares of Aurora (NYSE: ACB), Tilray (NASDAQ: TLRY), Canopy (NASDAQ: CGC) and Cronos (NASDAQ: CRON) are trading higher following results from Georgia's runoff election. A Democratic win would be seen as very favorable for cannabis legalization.

See Benzinga's full report on cannabis stocks moving amid the Georgia runoff election.

See Also: How To Buy Aurora Stock

Marathon Patent Stock News

Marathon Patent (NASDAQ: MARA) shares continue to trade higher amid recent strength in Bitcoin prices.

When the Bitcoin rally began to really accelerate in mid-November and December, so did shares of Marathon Patent. The stock nearly tripled in November, from $2.16 to $6.28, and doubled from there in December, when it peaked at $14.86 and retreated to end the year at $10.44.

 

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