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Why Ballard Power Stock Just Dropped 7%

TheMotleyFool

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Ballard Power Systems (NASDAQ: BLDP) stock is down 7.1% as of 1:10 p.m. EDT, one day after the company reported Q3 2019 financial results that missed on both sales and earnings.

Expected to report a $0.03 per share loss on sales of $25.6 million, Ballard instead reported a bigger $0.04-per-share loss on sales of only $24.8 million.

Image source: Getty Images.

Source Fool.com

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