DJ Plug Power Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Plug Power Inc. $(PLUG)$ tumbled 10.04% to $1.12 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 2.15% to 15,267.91 and Dow Jones Industrial Average falling 0.84% to 37,645.59.
The stock's fall snapped a two-day winning streak.
Plug Power Inc. closed 77.14% below its 52-week high of $4.90, which the company reached on May 14th.
The stock underperformed when compared to some of its competitors Tuesday, as Air Products & Chemicals Inc. $(APD)$ fell 4.05% to $248.61, Procter & Gamble Co. $(PG)$ fell 1.15% to $158.39, and Ballard Power Systems Inc. $(BLDP)$ fell 7.27% to $1.02.
Trading volume (52.5 M) remained 7.7 million below its 50-day average volume of 60.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.
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(END) Dow Jones Newswires
April 08, 2025 17:30 ET (21:30 GMT)
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