Why Fuel Cell Stocks Are Sagging Again Today [The Motley Fool]
Ballard Power Systems, Inc. - Common Shares (BLDP)
Last ballard power systems, inc. - common shares earnings: 3/4 08:30 pm
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Source: The Motley Fool
Why Fuel Cell Stocks Are Sagging Again Today What went up is down again. Easy come, easy go. Yesterday, clean energy investors were heartened by the rising prices of fuel cell stocks, inflated by the twin tailwinds of a generally ebullient stock market and rebounding oil prices . Today, most of those gains are going away, as shares of Ballard Power ( NASDAQ:BLDP ) decline 9.4%, Bloom Energy ( NYSE:BE ) sinks 11.3%, and FuelCell Energy ( NASDAQ:FCEL ) brings up the rear with an 11.5% loss, all as of 1:45 p.m. EDT. Who's to blame for the sell-off this time ? I guess you could blame the oil market. WTI futures are down 2.9% as of this writing, and Brent Crude is selling 2.8% cheaper, priced at $36 and change a barrel. But honestly, I think the companies themselves are still the greater culprits. Oil prices rise, and oil prices fall, after all, but as my fellow Fool Travis Hoium pointed out yesterday, the real attraction of alternative energy sources is always going to be the fact that
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News
- 2 Stocks I'd Avoid in 2025 (and 1 I'd Buy) [Yahoo! Finance Canada]Yahoo! Finance Canada
- Ballard Power Systems Inc. (NASDAQ: BLDP) was downgraded by analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating.MarketBeat
- Ballard Power Systems Inc. (NASDAQ: BLDP) had its price target lowered by analysts at CIBC from $1.60 to $1.40. They now have an "underperformer" rating on the stock.MarketBeat
- Ballard Power Systems Inc. (NASDAQ: BLDP) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating.MarketBeat
- Ballard Power Systems Inc (BLDP) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
BLDP
Earnings
- 11/5/24 - Miss
BLDP
Sec Filings
- 11/5/24 - Form 6-K
- 11/5/24 - Form 6-K
- 11/4/24 - Form 6-K
- BLDP's page on the SEC website