DJ Plug Power Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Plug Power Inc. $(PLUG)$ slid 0.60% to $2.50 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.58% to 18,007.57 and the Dow Jones Industrial Average rising 0.32% to 40,415.44.
This was the stock's fourth consecutive day of losses.
Plug Power Inc. closed $10.67 short of its 52-week high ($13.17), which the company achieved on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Air Products & Chemicals Inc. $(APD)$ fell 5.46% to $248.55, Procter & Gamble Co. $(PG)$ rose 0.17% to $168.25, and Ballard Power Systems Inc. $(BLDP)$ rose 0.87% to $2.31.
Trading volume (35.7 M) remained 4.7 million below its 50-day average volume of 40.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2024.
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(END) Dow Jones Newswires
July 22, 2024 17:33 ET (21:33 GMT)
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