Shares of Plug Power Inc. /zigman2/quotes/205453512/composite PLUG +2.01% jumped 16.58% to $21.87 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +3.34% rising 3.41% to 14,239.88 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.17% to 35,131.86. This was the stock's second consecutive day of gains. Plug Power Inc. closed $48.64 below its 52-week high ($70.51), which the company reached on February 4th.
The stock outperformed some of its competitors Monday, as Ballard Power Systems Inc. /zigman2/quotes/205070617/composite BLDP +1.48% rose 13.04% to $10.40, Methanex Corp. /zigman2/quotes/207995377/composite MEOH +6.55% fell 2.51% to $45.50, and Enviva Inc. /zigman2/quotes/208321734/composite EVA +3.47% rose 7.36% to $69.98. Trading volume (35.5 M) eclipsed its 50-day average volume of 19.7 M.