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Stock impact report

Ballard Power: Upgrading On Extended Cash Runway - Hold [Seeking Alpha]

Ballard Power Systems, Inc. - Common Shares (BLDP) 
Last ballard power systems, inc. - common shares earnings: 3/4 08:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ballard.com/investors/presentations-events
Company Research Source: Seeking Alpha
That said, not everything is going according to plan. Persistent order delays have resulted in backlogs declining to new multi-year lows. Recent restructuring initiatives have extended the company's cash runway quite meaningfully. While the hydrogen fuel cell industry remains in poor condition, Ballard Power has the time to wait for improvements to materialize. As Ballard Power's extended cash runway has increased the option value of the company's shares, I am raising my rating from "Sell" to "Hold." Looking for a helping hand in the market? Members of Value Investor's Edge get exclusive ideas and guidance to navigate any climate. Learn More » Scharfsinn86/iStock via Getty Images I have covered Ballard Power Systems Inc. BLDP BLDP:CA previously, so investors should view this as an update to my earlier articles on the company. Earnings Review On Thursday, leading Canadian fuel cell systems developer Ballard More on my IG service Massively Outperform in Any Market Show less Read more
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