Why Shares of Ballard Power Systems Took a 21% Nosedive in May
Falling more than 10% in April, shares of Ballard Power Systems (NASDAQ: BLDP) extended their decline last month and plunged 21%, according to data provided by S&P Global Market Intelligence.
What zapped investors of their enthusiasm? Besides an uninspiring earnings report for the first quarter of 2021, Wall Street's wave of bearish takes on the stock propelled investors to sell shares.
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Source Fool.com