DJ Plug Power Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Plug Power Inc. $(PLUG)$ slid 5.08% to $1.87 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.24% to 18,680.12 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
Plug Power Inc. closed $3.27 short of its 52-week high ($5.14), which the company achieved on February 1st.
The stock underperformed when compared to some of its competitors Friday, as Air Products & Chemicals Inc. $(APD)$ rose 0.39% to $317.10, Procter & Gamble Co. $(PG)$ rose 1.47% to $169.54, and Ballard Power Systems Inc. $(BLDP)$ rose 0.79% to $1.28.
Trading volume (59.2 M) eclipsed its 50-day average volume of 47.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 17:30 ET (22:30 GMT)
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