Shares of Plug Power Inc. /zigman2/quotes/205453512/composite PLUG +2.01% advanced 2.74% to $18.76 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +3.34% rising 3.13% to 13,770.57 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.65% to 34,725.47. The stock's rise snapped a five-day losing streak. Plug Power Inc. closed $51.75 below its 52-week high ($70.51), which the company achieved on February 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Ballard Power Systems Inc. /zigman2/quotes/205070617/composite BLDP +1.48% rose 2.91% to $9.20, Methanex Corp. /zigman2/quotes/207995377/composite MEOH +6.55% fell 0.02% to $46.67, and Enviva Inc. /zigman2/quotes/208321734/composite EVA +3.47% rose 1.01% to $65.18. Trading volume (25.5 M) eclipsed its 50-day average volume of 19.6 M.