DJ Plug Power Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Plug Power Inc. $(PLUG)$ inched 0.82% higher to $2.45 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.24% to 20,173.89 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
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 Monday, as Air Products & Chemicals Inc. $(APD)$ fell 1.79% to $306.72, Procter & Gamble Co. $(PG)$ rose 0.05% to $171.14, and Ballard Power Systems Inc. $(BLDP)$ fell 1.23% to $1.60.
Trading volume (41.5 M) remained 16.9 million below its 50-day average volume of 58.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 17:26 ET (22:26 GMT)
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