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Plug Power May Be Getting a Senate Lifeline. How Should You Play PLUG Stock Here?

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Plug Power (PLUG) stock is up 100% versus its year-to-date low set in May .

The Senate extended tax benefits to the hydrogen industry in its latest rewrite of President Donald Trump ’s tax-and-spending bill through the end of 2027 .

PLUG currently has three hydrogen factories in the U.S. one in Georgia , one in Louisiana , and another in Tennessee .