Why ZBB Energy (ZBB) Soared to a One-Year High Today
ZBB Energy (ZBB) soared to a one-year high of $2.89 on Wednesday as the energy storage and power control technologies company rose in sympathy with other green energy companies such as Plug Power (PLUG), FuelCell (FCEL) and Ballard Power Systems (BLDP). The stock amassed a volume of 11,609,550, nearly 50 times its average of 232,320. The activity was unusual enough that the New York Stock Exchange contacted the company and requested that it respond via press release. ZBB Energy stated that "its policy is not to comment on unusual market activity."