Shares of Plug Power Inc. /zigman2/quotes/205453512/composite PLUG +2.01% slid 4.40% to $21.29 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +3.34% falling 2.78% to 13,791.15 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% falling 1.43% to 34,738.06. This was the stock's second consecutive day of losses. Plug Power Inc. closed $43.72 short of its 52-week high ($65.01), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Friday, as Ballard Power Systems Inc. /zigman2/quotes/205070617/composite BLDP +1.48% fell 2.73% to $9.27, Methanex Corp. /zigman2/quotes/207995377/composite MEOH +6.55% rose 1.35% to $50.17, and Enviva Inc. /zigman2/quotes/208321734/composite EVA +3.47% rose 2.13% to $70.54. Trading volume (17.3 M) remained 2.8 million below its 50-day average volume of 20.1 M.