DJ Plug Power Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Plug Power Inc. $(PLUG)$ advanced 1.26% to $2.41 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.03% to 15,927.90 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.
The stock's rise snapped a two-day losing streak.
Plug Power Inc. closed $11.03 short of its 52-week high ($13.44), which the company reached on July 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Air Products & Chemicals Inc. $(APD)$ rose 0.43% to $236.08, Procter & Gamble Co. $(PG)$ fell 0.78% to $161.29, and Ballard Power Systems Inc. $(BLDP)$ rose 5.26% to $2.60.
Trading volume (16.6 M) remained 15.6 million below its 50-day average volume of 32.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.
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(END) Dow Jones Newswires
April 26, 2024 17:34 ET (21:34 GMT)
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