Shares of Plug Power Inc. PLUG, -4.55% slid 4.55% to $16.35 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.27% rising 0.27% to 31,029.31 and the NASDAQ Composite Index COMP, -0.03% falling 0.03% to 11,177.89. This was the stock’s third consecutive day of losses. Plug Power Inc. closed $30.15 short of its 52-week high ($46.50), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Ballard Power Systems Inc. BLDP, -2.02% fell 2.02% to $6.30, Methanex Corp. MEOH, -3.26% fell 3.26% to $39.18, and Enviva Inc. EVA, -2.49% fell 2.49% to $59.51. Trading volume (17.0 M) remained 6.1 million below its 50-day average volume of 23.2 M.