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Plug Power Inc. (PLUG) Surged On Amazon Deal

Plug Power Inc. (PLUG) announced Wednesday morning that it reached an agreement with Amazon (AMZN). Amazon will begin powering its industrial equipment at select fulfillment center locations by utilizing Plug Power fuel cells and hydrogen technology.

Plug Power gapped open sharply higher Wednesday, but traded in a range for the majority of the session. The stock closed up by 0.95 at $2.25 on the highest volume of the year. Plug Power surged to over an 11-month high.

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