Plug Power Inc. Stock Slides 12.4%, Underperforms Competitors

Dow Jones2025-04-22

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Plug Power Inc. plunged 12.4% to $0.79 on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.6% to 15,870.90 and Dow Jones Industrial Average falling 2.5% to 38,170.41.

This was the stock's fifth consecutive day of losses.

Plug Power Inc. closed 83.9% short of its 52-week high of $4.90, which the company achieved on May 14th.

The stock underperformed when compared to some of its competitors, as Air Products & Chemicals Inc. fell 2.0% to $257.58, Procter & Gamble Co. fell 2.3% to $165.75, and Ballard Power Systems Inc. fell 3.54% to $1.09.

Trading volume totaled 134.9 million, compared to the 50-day average of 60.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 21, 2025 16:33 ET (20:33 GMT)

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