Ballard Power stock sinks to fresh 52-week low, after 10% post-earnings plunge

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The Vancouver-based company sells hydrogen fuel cells for buses, commercial trucks, trains, marine vessels, and stationary power.

) fell sharply again on Tuesday, following a more than 10 per cent drop in yesterday’s session as the Canadian fuel cell-maker reported financial results.

Vancouver-based Ballard builds hydrogen fuel cells for buses, commercial trucks, trains, marine vessels, and stationary power. Its partners include Canadian Pacific Kansas City is reporting that Canada ranks among the top markets for highest anticipated average trip spend this year.

The yen edged up for a fourth straight session against the U.S. dollar in choppy trading on Monday, bolstered by an upward revision to Japan's growth figures and expectations the Bank of Japan could exit negative rates at its policy meeting next week. Hopes that the Federal Reserve will soon cut interest rates have also lifted bitcoin, which was last up 5.3% at $72,074.

Muslims across the world are marking the beginning of Ramadan, the holiest month of the Islamic calendar year — but it's happening with a heavy heart. Many in the community are struggling to grasp the uplifting spirit of Ramadan while members of the Palestinian-Muslim communities abroad continue to lose their lives due to the Israel-Hamas war, with a climbing death toll, starvation and suffering in Gaza.

 

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