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Feb. 4, 2022, 5:17 p.m. EST

Plug Power Inc. stock outperforms market on strong trading day

MarketWatch Automation

Shares of Plug Power Inc. (NAS:PLUG) rallied 2.44% to $21.43 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 1.58% to 14,098.01 and the Dow Jones Industrial Average (DOW:DJIA) falling 0.06% to 35,089.74. The stock's rise snapped a two-day losing streak. Plug Power Inc. closed $48.45 below its 52-week high ($69.88), which the company reached on February 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Ballard Power Systems Inc. (NAS:BLDP) rose 2.42% to $9.73, Methanex Corp. (NAS:MEOH) rose 4.05% to $48.60, and Enviva Inc. (NYS:EVA) fell 0.03% to $69.43. Trading volume (15.4 M) remained 4.6 million below its 50-day average volume of 20.1 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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