Plug Power Inc. Stock Sheds 6.2%, Underperforms Competitors

Dow Jones
04-15

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

Shares of Plug Power Inc. slid 6.2% to $1.06 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.6% to 16,831.48 and the Dow Jones Industrial Average rising 0.8% to 40,524.79.

Plug Power Inc. closed 78.4% short of its 52-week high of $4.90, which the company reached on May 14th.

The stock underperformed when compared to some of its competitors, as Air Products & Chemicals Inc. rose 1.3% to $272.58, Procter & Gamble Co. rose 1.3% to $169.13, and Ballard Power Systems Inc. remained unchanged.

Trading volume totaled 51.2 million, compared to the 50-day average of 57.1 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 14, 2025 16:33 ET (20:33 GMT)

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