Plug Power’s 88% Surge: Short Squeeze or Sustainable Rally?

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?