Why Shares of Ballard Power Systems Sank 13% in March

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Extending the 19% plunge that they experienced in February, shares of Ballard Power Systems (NASDAQ: BLDP) fell 13% in March, according to data from S&P Global Market Intelligence.

Besides an uninspiring fourth quarter 2020 earnings report, investors decided to leave their positions in response to Wall Street’s wave of bearish sentiment regarding the stock.

Image source: Getty Images.

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