The plug power stock of a company has jumped 20% in just two weeks, according to a report by CNBC.
According to CNBC, the stock of Plug Power Inc. (PPL) soared from $1.08 in early November to $1:10 in January, an increase of more than 30% from the same period a year earlier.
Plug Power shares jumped from $5.99 in January to $8.97 in early January, a jump of more a hundred percent, according the report.
Plug Power stock is currently trading for $8,921.20 per share.
PlugPower stock rose during the second quarter, and was up more than 20% during the third quarter of 2016.
In the second half of the year, Plug Power is expected to record revenues of $1 billion, with revenues of about $500 million, CNBC said.