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Shares of Plug Power Inc.
PLUG,
slid 6.18% to $14.72 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 3.36% to 10,524.80 and Dow Jones Industrial Average
DJIA,
falling 1.55% to 32,147.76. This was the stock’s third consecutive day of losses. Plug Power Inc. closed $31.78 short of its 52-week high ($46.50), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Ballard Power Systems Inc.
BLDP,
fell 5.21% to $5.28, Methanex Corp.
MEOH,
fell 4.92% to $35.14, and Enviva Inc.
EVA,
fell 0.50% to $59.67. Trading volume (18.4 M) remained 348,324 below its 50-day average volume of 18.7 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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