Plug Power Inc. stock rises Monday, outperforms market

Plug Power Inc. stock rises Monday, outperforms market

Shares of Plug Power Inc. PLUG, +0.44% inched 0.44% higher to $25.10 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.31% rising 0.31% to 35,625.40 and the NASDAQ Composite Index COMP, -0.20% falling 0.20% to 14,793.76. The stock’s rise snapped a three-day losing streak. Plug Power Inc. closed $50.39 short of its 52-week high ($75.49), which the company achieved on January 26th.

The stock outperformed some of its competitors Monday, as Ballard Power Systems Inc. BLDP, -0.79% fell 0.79% to $15.00, Methanex Corp. MEOH, -3.65% fell 3.65% to $32.24, and Enviva Partners LP EVA, -1.54% fell 1.54% to $54.22. Trading volume (28.1 M) eclipsed its 50-day average volume of 23.0 M.

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