Plug Power Inc. Stock Slides 10.1%, Underperforms Peers

Dow Jones11-14 05:32

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

Shares of Plug Power Inc. tumbled 10.1% to $1.11 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 52,347.55 and the NASDAQ Composite Index falling 0.9% to 25,136.27.

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

Plug Power Inc. closed 74.4% below its 52-week high of $4.33, which the company achieved on June 2nd.

The stock underperformed when compared to some of its peers, as Air Products & Chemicals Inc. rose 0.1% to $316.53, Procter & Gamble Co. rose 1.1% to $169.80, and Ballard Power Systems Inc. remained unchanged.

Trading volume totaled 47.3 million, compared to the 50-day average of 51.4 million.

Data source: Dow Jones Market Data, FactSet

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