So what The legislation now appears to have a clear path to becoming law, and it includes subsidies for hydrogen that could significantly benefit companies like Plug Power. Investors that want to bet the new legislation will spur more growth and better returns from hydrogen investments believe Plug Power stock is a good place to be today. What happened Shares of hydrogen fuel specialist Plug Power (NASDAQ: PLUG) jumped as much as 5.8% early Monday on the heels of the Senate's passage of the Inflation Reduction Act.