Plug Power shares surged 49% today.
“We signed an additional order in North America with a global automaker,” said CEO Andy Marsh to MarketWatch's Sue Chang.
Chang's story was published this afternoon right before the stock spiked.
According to Chang, an announcement will come in two to three weeks for what she has characterized as a "major deal."
Unfortunately, "he declined to elaborate further on specifics," said Chang.
Peers FuelCell Energy (FCEL) and Ballard Power Systems (BLDP) jumped 19% and 32%, respectively.
Fuel cells take hydrogen and turn it into electricity. Shares of the companies in this industry have been going gangbusters this year.
