Plug Continues Slide

NEW YORK (TheStreet) -- Plug Power  (PLUG) continued its slide Monday with the stock down another 3.72% at 1:42 p.m. The hydrogen fuel cell maker has seen a lot of activity on the market over the past two weeks, experiencing wild swings as investors try to figure out whether the company is a sound investment or not.

The upstate New York based company has seen a bump in March due to the announcement of its deal with Wal-Mart  (WMT) to provide the retailer with 1,700 fuel cells to power its fleet of forklifts. The deal was a breakthrough for the company that has has never made a profit in its 16-year history.

Plug opened at a high last Tuesday of $11.44 with a trading volume of 243,272,100. Since then, the stock has fallen to its current mark of $6.50 and volume is at 44,448,200 on Monday.

PLUG ChartPLUG data by YCharts

More from Markets

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs