Plug Power shares have exploded 88% in just nine trading sessions, marking a staggering 284% rebound from May’s lows of $0.92. While the hydrogen fuel cell company’s rally has captured market attention, this explosive move appears driven by technical factors rather than fundamental improvements. With short interest at 30.66% of the float and a history of shareholder dilution during price spikes, experts warn this surge may be another temporary squeeze rather than a sustainable turnaround.
about Plug Power's 88% Surge: Short Squeeze or Sustainable Rally?
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Markets React to Trump’s Executive Orders on First Day of Second Term
Stocks rose and Treasury yields fell as President Trump issued executive orders on his first day back, focusing on trade and immigration without imposing tariffs, easing market fears. However, oil and renewable energy stocks declined following his reversal of Biden-era energy policies. Bitcoin rebounded after the acting SEC head announced a task force for crypto regulation, while assets linked to Trump saw profit-taking after pre-inauguration gains.
about Markets React to Trump's Executive Orders on First Day of Second Term