Plug Power Inc. Stock Slips 4.4%, Underperforms Peers
Dow Jones2026/08/24 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Plug Power Inc. shed 4.4% to $2.17 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.3% to 53,417.16 and the NASDAQ Composite Index falling 0.8% to 25,980.19.
Plug Power Inc. closed 52.6% short of its 52-week high of $4.58, which the company reached on October 6th.
The stock demonstrated a mixed performance when compared to some of its peers, as Air Products & Chemicals Inc. rose 0.4% to $306.24, Procter & Gamble Co. rose 1.3% to $146.60, and Ballard Power Systems Inc. fell 4.58% to $2.29.
Trading volume totaled 76.7 million, compared to the 50-day average of 55.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 24, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan lowers AT&T target price to $31
WTI Oil rises beyond $100 amid fresh concerns of supply disruptions
Debate on the End Point of ECB Rate Hikes: Economists Expect It to End in December, While Markets Bet on Three More Increases
Economists expect the European Central Bank to keep rates unchanged next week and deliver the final hike of this cycle in December. This outlook stands in sharp contrast to market bets on several more rate increases to come.
Crypto prices
More
