Plug Power Inc. Stock Sheds 4.2%, Underperforms Competitors

Dow Jones
25 Feb

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

Shares of Plug Power Inc. shed 4.2% to $1.59 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 43,461.21 and the NASDAQ Composite Index falling 1.2% to 19,286.92.

This was the stock's fourth consecutive day of losses.

Plug Power Inc. closed 67.6% short of 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, as Air Products & Chemicals Inc. fell 0.2% to $309.39, Procter & Gamble Co. rose 0.2% to $170.54, and Ballard Power Systems Inc. fell 4.29% to $1.34.

Trading volume totaled 79.9 million, compared to the 50-day average of 62.8 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 24, 2025 16:35 ET (21:35 GMT)

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