Published on 8 Oct 2021 on Market Watch
Plug Power Inc. stock outperforms competitors on strong trading day
Shares of Plug Power Inc. rose 4.22% to $27.19 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.51% to 14,579.54 and Dow Jones Industrial Average falling 0.03% to 34,746.25. This was the stock's fourth consecutive day of gains. Plug Power Inc. closed $48.30 short of its 52-week high ($75.49), which the company achieved on January 26th.
The stock outperformed some of its competitors Friday, as Ballard Power Systems Inc. rose 0.74% to $13.67, Methanex Corp. rose 0.54% to $50.06, and Enviva Partners LP rose 1.72% to $56.31. Trading volume (17.2 M) eclipsed its 50-day average volume of 16.7 M.