Plug Power Inc. stock outperforms competitors on strong trading day

Sep 05, 2023

Shares of Plug Power Inc. PLUG, +7.08% advanced 2.46% to $8.33 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.72% rising 0.84% to 13,705.13 and the Dow Jones Industrial Average DJIA, +0.72% rising 0.62% to 34,559.98.

This was the stock's second consecutive day of gains.

Plug Power Inc. closed $22.35 below its 52-week high ($30.68), which the company reached on August 30th.

The stock outperformed some of its competitors Monday, as Air Products & Chemicals Inc. APD, +1.22% rose 0.54% to $289.86, Procter & Gamble Co. PG, -0.25% rose 0.16% to $153.78, and Ballard Power Systems Inc. BLDP, +2.88% rose 1.71% to $4.17.

Trading volume (12.6 M) remained 11.2 million below its 50-day average volume of 23.8 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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