DJ Plug Power Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Plug Power Inc. $(PLUG)$ rallied 4.02% to $2.59 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.59% to 15,696.64 and the Dow Jones Industrial Average rising 0.69% to 38,503.69.
The stock's rise snapped a three-day losing streak.
Plug Power Inc. closed $10.85 below its 52-week high ($13.44), which the company achieved on July 19th.
The stock outperformed some of its competitors Tuesday, as Air Products & Chemicals Inc. $(APD)$ fell 0.28% to $233.71, Procter & Gamble Co. $(PG)$ rose 0.60% to $161.50, and Ballard Power Systems Inc. $(BLDP)$ rose 1.16% to $2.61.
Trading volume (33.5 M) eclipsed its 50-day average volume of 32.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2024.
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(END) Dow Jones Newswires
April 23, 2024 17:34 ET (21:34 GMT)
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