DJ Plug Power Inc. Stock Underperforms Friday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Plug Power Inc. $(PLUG)$ slipped 4.93% to $2.70 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.12% to 17,688.88 and the Dow Jones Industrial Average falling 0.15% to 38,589.16.
This was the stock's second consecutive day of losses.
Plug Power Inc. closed $10.74 below its 52-week high ($13.44), which the company achieved on July 19th.
The stock underperformed when compared to some of its competitors Friday, as Air Products & Chemicals Inc. $(APD)$ fell 3.56% to $275.14, Procter & Gamble Co. $(PG)$ rose 0.23% to $166.79, and Ballard Power Systems Inc. $(BLDP)$ fell 4.80% to $2.58.
Trading volume (20.7 M) remained 14.3 million below its 50-day average volume of 35.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 14, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
June 14, 2024 17:33 ET (21:33 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments