DJ Plug Power Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Plug Power Inc. $(PLUG)$ rose 1.88% to $2.71 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.45% to 19,511.23 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
The stock's rise snapped a two-day losing streak.
Plug Power Inc. closed 47.28% short of its 52-week high of $5.14, which the company reached on February 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Air Products & Chemicals Inc. $(APD)$ fell 0.34% to $306.90, Procter & Gamble Co. $(PG)$ fell 0.06% to $159.65, and Ballard Power Systems Inc. $(BLDP)$ rose 4.49% to $1.63.
Trading volume (69.0 M) eclipsed its 50-day average volume of 68.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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January 15, 2025 18:09 ET (23:09 GMT)
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