DJ Plug Power Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Plug Power Inc. $(PLUG)$ rallied 8.00% to $1.62 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.35% to 18,285.16 and Dow Jones Industrial Average falling 1.55% to 42,520.99.
The stock's rise snapped a three-day losing streak.
Plug Power Inc. closed 66.94% below its 52-week high of $4.90, which the company reached on May 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Air Products & Chemicals Inc. $(APD)$ fell 1.71% to $305.35, Procter & Gamble Co. $(PG)$ fell 1.37% to $173.18, and Ballard Power Systems Inc. $(BLDP)$ rose 13.39% to $1.27.
Trading volume (96.3 M) eclipsed its 50-day average volume of 64.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2025.
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(END) Dow Jones Newswires
March 04, 2025 17:28 ET (22:28 GMT)
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