DJ Plug Power Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Plug Power Inc. $(PLUG)$ shed 0.40% to $2.50 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.77% to 20,034.89 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the stock's second consecutive day of losses.
Plug Power Inc. closed $2.64 below its 52-week high ($5.14), which the company reached on February 1st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Air Products & Chemicals Inc. $(APD)$ fell 0.90% to $312.36, Procter & Gamble Co. $(PG)$ fell 0.96% to $170.63, and Ballard Power Systems Inc. $(BLDP)$ fell 1.76% to $1.67.
Trading volume (34.5 M) remained 24.2 million below its 50-day average volume of 58.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:26 ET (22:26 GMT)
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