Ballard’s shares have slumped for four straight days in Toronto trading, sliding 17 per cent so far this week, its longest losing streak since April. It’s still the No. 2 stock on the S&P/TSX Composite Index this year.
Earlier this month, the stock rallied to a 17-year high after it received a US$7.7-million order from China. The company’s technology currently powers over 650 electric buses and more than 2,200 electric trucks in China, Alfred Wong, managing director at Ballard, said in a statement then. “We have tracked Ballard Power for the past decade, and on five separate occasions, investors bid up the shares in a frenzy only to be left holding the bag months later when they came crashing down to earth,” Lakewood said.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: