Plug Power Inc. Stock Falls 7.1%, Underperforms Peers

Dow Jones10-17

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

Shares of Plug Power Inc. shed 7.1% to $1.38 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.1% to 26,140.03 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

Plug Power Inc. closed 68.1% below its 52-week high of $4.33, which the company reached on June 2nd.

The stock underperformed when compared to some of its peers, as Air Products & Chemicals Inc. rose 1.0% to $299.59, Procter & Gamble Co. rose 1.4% to $159.35, and Ballard Power Systems Inc. fell 5.99% to $1.57.

Trading volume totaled 85.7 million, compared to the 50-day average of 55.8 million.

Data source: Dow Jones Market Data, FactSet

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