Shares of Plug Power Inc. PLUG,
took a -11% plunge 10.67% to $ 50.23 on Thursday, on what turned out to be an all-round rough trading session for the stock market, with the NASDAQ Composite Index COMP,
down 0.72% to 13,865.36 and Dow Jones Industrial Average DJIA,
decreased by 0.38% to 31,493.34. This was the stock’s sixth consecutive day of losses. Plug Power Inc. closed down $ 25.26 from its 52-week high ($ 75.49), which the company hit on Jan. 26.
The stock underperformed on Thursday compared to some of its competitors as Automatic Data Processing Inc. ADP,
rose 3.27% to $ 172.60, Procter & Gamble Co. PG,
rose 0.83% to $ 129.53, and Lowe’s Cos. LOW,
rose 0.02% to $ 177.16. The trade volume (33.8 million) remained 8.3 million below the 50-day average volume of 42.1 million.
Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.