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Shares of Plug Power Inc. (PLUG) rallied 7.70% to $29.78 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.14% to 14,465.92 and Dow Jones Industrial Average falling 0.34% to 34,378.34. This was the stock's sixth consecutive day of gains. Plug Power Inc. closed $45.71 short of its 52-week high ($75.49), which the company reached on January 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Ballard Power Systems Inc. (BLDP.T) rose 8.58% to $14.94, Methanex Corp. (MX.T) rose 1.94% to $51.51, and Enviva Partners LP (EVA) fell 0.30% to $55.77. Trading volume (28.1 M) eclipsed its 50-day average volume of 16.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 12, 2021.
(END) Dow Jones Newswires
October 12, 2021 17:17 ET (21:17 GMT)
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