DJ Plug Power Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Plug Power Inc. $(PLUG)$ surged 11.84% to $2.74 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.99% to 16,156.33 and the Dow Jones Industrial Average rising 1.18% to 38,675.68.
This was the stock's second consecutive day of gains.
Plug Power Inc. closed $10.70 below its 52-week high ($13.44), which the company reached on July 19th.
The stock outperformed some of its competitors Friday, as Air Products & Chemicals Inc. $(APD)$ rose 0.89% to $245.87, Procter & Gamble Co. $(PG)$ rose 0.38% to $164.46, and Ballard Power Systems Inc. $(BLDP)$ rose 2.93% to $2.81.
Trading volume (44.7 M) eclipsed its 50-day average volume of 31.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2024.
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(END) Dow Jones Newswires
May 03, 2024 17:33 ET (21:33 GMT)
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