DJ Plug Power Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Plug Power Inc. $(PLUG)$ surged 15.02% to $2.45 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.18% to 19,700.26 and Dow Jones Industrial Average falling 0.55% to 44,765.71.
This was the stock's second consecutive day of gains.
Plug Power Inc. closed $2.69 short of its 52-week high ($5.14), which the company reached on February 1st.
The stock outperformed some of its competitors Thursday, as Air Products & Chemicals Inc. $(APD)$ fell 1.68% to $321.97, Procter & Gamble Co. $(PG)$ rose 0.53% to $176.03, and Ballard Power Systems Inc. $(BLDP)$ rose 11.72% to $1.62.
Trading volume (170.9 M) eclipsed its 50-day average volume of 54.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2024.
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(END) Dow Jones Newswires
December 05, 2024 17:30 ET (22:30 GMT)
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