DJ Plug Power Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Plug Power Inc. $(PLUG)$ rallied 2.96% to $2.09 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.22% to 20,053.68 and the Dow Jones Industrial Average rising 0.92% to 44,565.07.
The stock's rise snapped a three-day losing streak.
Plug Power Inc. closed 59.34% short of its 52-week high of $5.14, which the company achieved on February 1st.
The stock outperformed some of its competitors Thursday, as Air Products & Chemicals Inc. $(APD)$ rose 2.21% to $324.00, Procter & Gamble Co. $(PG)$ rose 0.86% to $166.15, and Ballard Power Systems Inc. $(BLDP)$ rose 0.71% to $1.41.
Trading volume (60.1 M) remained 7.5 million below its 50-day average volume of 67.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 23, 2025.
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January 23, 2025 17:30 ET (22:30 GMT)
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