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Plug Power Inc (NASDAQ:PLUG) shares are rising Tuesday on what appears to be continued momentum following a more than 25% surge to start the week. Here's a look at what's going on.

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Shares of Plug Power (PLUG 5.36%) recently slid under $2 a share, putting them around their 52-week low. The hydrogen stock is now down nearly 60% this year. It's even further below its all-time high.

Plug Power reported revenues of $143.35 million in the last reported quarter, representing a year-over-year change of -44.9%. EPS of -$0.36 for the same period compares with -$0.35 a year ago.