Plug Power Inc. Stock Falls 10.7%, Underperforms Peers

Dow Jones04:34

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

Shares of Plug Power Inc. plunged 10.7% to $3.22 on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 4.2% to 25,709.43 and Dow Jones Industrial Average falling 1.3% to 50,866.78.

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

Plug Power Inc. closed 29.8% short of its 52-week high of $4.58, which the company achieved on October 6th.

The stock demonstrated a mixed performance when compared to some of its peers, as Air Products & Chemicals Inc. fell 0.2% to $282.35, Procter & Gamble Co. rose 4.1% to $146.54, and Ballard Power Systems Inc. fell 18.95% to $4.92.

Trading volume totaled 78.4 million, compared to the 50-day average of 78.7 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 05, 2026 16:34 ET (20:34 GMT)

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