DJ Plug Power Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Plug Power Inc. $(PLUG)$ slid 1.09% to $2.71 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.19% to 16,349.25 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
The stock's fall snapped a two-day winning streak.
Plug Power Inc. closed $10.73 below its 52-week high ($13.44), which the company reached on July 19th.
The stock underperformed when compared to some of its competitors Monday, as Air Products & Chemicals Inc. $(APD)$ rose 0.70% to $247.60, Procter & Gamble Co. $(PG)$ fell 0.01% to $164.44, and Ballard Power Systems Inc. $(BLDP)$ rose 0.71% to $2.83.
Trading volume (29.1 M) remained 2.2 million below its 50-day average volume of 31.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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(END) Dow Jones Newswires
May 06, 2024 17:33 ET (21:33 GMT)
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