Ballard Power Shares Plunge Despite Strong Quarterly Performance

A surprising disconnect is unfolding for Ballard Power Systems. The fuel cell technology leader has just reported a dramatic 120% surge in revenue and achieved a critical milestone by posting positive gross margins. Yet, instead of celebrating, the market has reacted with a severe sell-off, leaving investors to question why such promising operational results are being met with such intense pessimism.

The negative momentum accelerated sharply at the start of the week. On Monday alone, Ballard Power’s stock listed on the NASDAQ plummeted more than 6%. A particularly concerning signal for market technicians was the high trading volume that accompanied the declining share price. This pattern typically indicates that institutional Read more...