Plug Power Inc. Stock Falls 6.8%, Underperforms Competitors

Dow Jones
04 Mar

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

Shares of Plug Power Inc. slid 6.8% to $1.50 on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.6% to 18,350.19 and Dow Jones Industrial Average falling 1.5% to 43,191.24.

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

Plug Power Inc. closed 69.4% 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 1.7% to $310.65, Procter & Gamble Co. rose 1.0% to $175.59, and Ballard Power Systems Inc. fell 8.94% to $1.12.

Trading volume totaled 82.1 million, compared to the 50-day average of 63.8 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 03, 2025 16:34 ET (21:34 GMT)

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