The Daily Gazette
The Locally Owned Voice Of The Capital Region

Wal-Mart order lifts Plug Power shares

Stock now tops $11; slipped to 14 cents last year

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Plug Power’s stock soared to a high of $11.41 a share, up 32 percent, on Monday following a big order from Wal-Mart Stores, Inc. for its fuel cells. The Latham fuel cell maker’s value on the stock market, or market cap, reached $1.21 billion. Erik Hansen, vice president of sales at Plug Power, credits the surge in stock to the Wal-Mart deal. “We work with some really big names. All of our customers are Fortune ...

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