By midafternoon, shares had spiked 17.4% to $2.56. Trading volume of 4.6 million was more than five times its three-month daily average.
The clean fuel industry has been soaring in recent weeks after Plug Power (PLUG), one of the largest alternative fuel developers by market cap, announced it had been awarded a contract with Wal-Mart (WMT) to supply more than 1,700 cells at six North American distribution centers.
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