Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Plug Power Inc. Stock Falls 5.3%, Underperforms Peers

Plug Power Inc. Stock Falls 5.3%, Underperforms Peers

Dow JonesDow Jones2026/08/18 20:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Plug Power Inc. slipped 5.3% to $2.16 on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.3% to 26,289.71 and Dow Jones Industrial Average falling 0.2% to 53,343.40.

This was the stock's second consecutive day of losses.

Plug Power Inc. closed 52.8% below its 52-week high of $4.58, which the company achieved on October 6th.

The stock underperformed when compared to some of its peers, as Air Products & Chemicals Inc. rose 0.8% to $303.23, Procter & Gamble Co. rose 0.2% to $143.45, and Ballard Power Systems Inc. fell 5.00% to $2.47.

Trading volume totaled 59.3 million, compared to the 50-day average of 56.1 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 18, 2026 16:35 ET (20:35 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!