Published on 23 Dec 2021 on Market Watch
Plug Power Inc. stock rises Thursday, outperforms market
Shares of Plug Power Inc. advanced 1.80% to $29.40 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.85% to 15,653.37 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. Plug Power Inc. closed $46.09 below its 52-week high ($75.49), which the company achieved on January 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Ballard Power Systems Inc. rose 1.28% to $12.67, Methanex Corp. rose 1.84% to $42.66, and Enviva Partners LP rose 0.40% to $71.06. Trading volume (10.5 M) remained 15.2 million below its 50-day average volume of 25.7 M.