Plug Power Inc. Stock Slips 4.3%, Underperforms Peers
Dow Jones2026/10/07 20:34This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of Plug Power Inc. slid 4.3% to $1.78 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.2% to 27,538.69 and Dow Jones Industrial Average falling 0.7% to 51,179.87. This was the stock's third consecutive day of losses. Plug Power Inc. closed 58.9% short of its 52-week high of $4.33, which the company achieved on June 2nd. The stock underperformed when compared to some of its peers, as Air Products & Chemicals Inc. fell 1.0% to $278.12, Procter & Gamble Co. fell 0.4% to $147.82, and Ballard Power Systems Inc. fell 2.91% to $2.00. Trading volume totaled 47.7 million, compared to the 50-day average of 55.3 million. Data source: Dow Jones Market Data, FactSet (END) Dow Jones Newswires October 07, 2026 16:34 ET (20:34 GMT)
This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Plug Power Inc. slid 4.3% to $1.78 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.2% to 27,538.69 and Dow Jones Industrial Average falling 0.7% to 51,179.87.
This was the stock's third consecutive day of losses.
Plug Power Inc. closed 58.9% short of its 52-week high of $4.33, which the company achieved on June 2nd.
The stock underperformed when compared to some of its peers, as Air Products & Chemicals Inc. fell 1.0% to $278.12, Procter & Gamble Co. fell 0.4% to $147.82, and Ballard Power Systems Inc. fell 2.91% to $2.00.
Trading volume totaled 47.7 million, compared to the 50-day average of 55.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 07, 2026 16:34 ET (20:34 GMT)
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.
You may also like
Germany: Gradual recovery with energy risks – Deutsche Bank
BUZZ - JPMorgan downgrades HubSpot rating due to "uncertain outlook" amid recovery in revenue growth
On October 8, JPMorgan downgraded its rating for marketing software company HubSpot (HUBS.N) from “Overweight” to “Neutral,” and also lowered its price target from $268 to $240, which still represents a 23.6% upside from the previous trading day’s closing price. The report pointed out that the timeline for a recovery in revenue growth is “still unclear.” “Although HUBS shares have fallen by more than 40% so far this year, until there are clear signs that the growth slowdown has bottomed out, we do not expect to see renewed investor interest or a significant re-rating of the stock price,” said JPMorgan. Out of 37 brokerages, 13 rate the stock as “Buy” or higher, 23 as “Hold,” and 1 as “Sell”; the median price target is $250, according to Reuters compiled data. Including fluctuations on the day, the stock has declined by 45.2% year-to-date. (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. Automated translation may be incorrect or lack the intended context; Reuters does not guarantee the accuracy of automated translations and provides them solely for readers' convenience. Reuters assumes no liability for any damages or losses arising from the use of automated translation features.)
The Financial Times reported that Starbucks once considered acquiring Chipotle.
Reuters, October 8 - According to the Financial Times on Thursday, Starbucks (SBUX.O) had considered acquiring the restaurant chain Chipotle Mexican Grill (CMG.N). (To assist non-native English speakers, Reuters provides automated translations of its reports into several other languages. Due to the possibility of errors in automated translations or the lack of necessary context, Reuters does not guarantee the accuracy of these automated translations, which are provided solely for reader convenience. Reuters bears no responsibility for any damage or loss resulting from the use of automated translation features.)
US Stock Market Movement | Optical Communication Concept Stocks Mostly Fall, Applied Optoelectronics (AAOI.US) Down Over 5%
On Thursday, optical communication concept stocks fell across the board, with Applied Optoelectronics (AAOI.US) down more than 5%.
Crypto prices
More
