Shares of Plug Power Inc. /zigman2/quotes/205453512/composite PLUG +2.01% advanced 4.74% to $23.00 Wednesday, 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 2.08% to 14,490.37 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 0.86% to 35,768.06. This was the stock's fourth consecutive day of gains. Plug Power Inc. closed $46.00 below its 52-week high ($69.00), which the company reached on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Ballard Power Systems Inc. /zigman2/quotes/205070617/composite BLDP +1.48% rose 5.12% to $9.86, Methanex Corp. /zigman2/quotes/207995377/composite MEOH +6.55% rose 2.76% to $49.45, and Enviva Inc. /zigman2/quotes/208321734/composite EVA +3.47% rose 2.62% to $71.72. Trading volume (17.5 M) remained 2.6 million below its 50-day average volume of 20.1 M.