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Shares of Plug Power Inc. (PLUG) slid 6.11% to $25.19 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 34,390.72 and the NASDAQ Composite Index falling 0.24% to 14,512.44. This was the stock's second consecutive day of losses. Plug Power Inc. closed $50.30 below its 52-week high ($75.49), which the company reached on January 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Ballard Power Systems Inc. (BLDP.T) fell 4.44% to $13.77, Methanex Corp. (MX.T) fell 0.59% to $46.79, and Enviva Partners LP (EVA) fell 0.84% to $54.45. Trading volume (21.9 M) eclipsed its 50-day average volume of 16.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 29, 2021.
(END) Dow Jones Newswires
September 29, 2021 17:17 ET (21:17 GMT)
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