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Plug Power Inc. Stock Outperforms Market On Strong Trading Day

DowjonesNews MarketWatch ·  Sep 23, 2021 17:17

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

Shares of Plug Power Inc. (PLUG) rallied 3.16% to $27.77 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index  rising 1.04% to 15,052.24 and the Dow Jones Industrial Average  rising 1.48% to 34,764.82. This was the stock's third consecutive day of gains. Plug Power Inc. closed $47.72 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 Thursday, as Ballard Power Systems Inc. (BLDP.T) fell 0.06% to $15.54, Methanex Corp. (MX.T) rose 6.26% to $44.81, and Enviva Partners LP (EVA) rose 3.11% to $54.38. Trading volume (21.5 M) eclipsed its 50-day average volume of 16.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2021.

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