Plug Power (PLUG +5.8%) shrugs off a Q1 EPS miss to trade higher as revenues come in better than...

|About: Plug Power, Inc. (PLUG)|By:, SA News Editor

Plug Power (PLUG +5.8%) shrugs off a Q1 EPS miss to trade higher as revenues come in better than Street estimates. Total sales declined 18% Y/Y as product and service revenue and research and development contract revenue both declined. Nevertheless, it beat the Street, and in this market, appearances seem to be all that's necessary to drive a stock higher.