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Benzinga

Why Plug Power Shares Are Rising

Shares of several companies in the clean energy space, including Plug Power Inc (NASDAQ: PLUG) are trading higher as investors weigh US President Biden’s speech at the COP26 climate summit, in which he addressed climate change goals. Strength could also be attributed to US infrastructure optimism, Tesla Inc (NASDAQ: TSLA) hitting an all-time high and delivery numbers from NIO (NYSE: NIO), Xpeng (NYSE: XPEV) and Li Auto (NASDAQ: LI). Shares of several companies in the clean energy space were also