DJ Plug Power Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Plug Power Inc. $(PLUG)$ slid 2.41% to $2.43 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 3.64% to 17,342.41 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
This was the stock's sixth consecutive day of losses.
Plug Power Inc. closed $10.74 below 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 Wednesday, as Air Products & Chemicals Inc. $(APD)$ rose 1.64% to $260.20, Procter & Gamble Co. $(PG)$ rose 0.83% to $168.00, and Ballard Power Systems Inc. $(BLDP)$ fell 3.04% to $2.23.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 17:33 ET (21:33 GMT)
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