Ballard Power Systems Inc T.BLDP

Alternate Symbol(s): BLDP

Industrials

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. The Company operates in a single segment of fuel cell products and services. Embedded in each Ballard fuel cell product lies a stack of unit cells designed with its PEM fuel cell technology that includes membrane electrode assemblies, catalysts, plates, and other key components, and draw on intellectual property from its patent portfolio, together with its experience and know-how, in key areas of PEM fuel cell stack design, operation, production processes and systems integration.

TSX:BLDP - Post by User

Ballard Power Systems Inc > BLDP Friday Massive Volume on the TSX...14M + shares.

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Post by guarantor1on Sep 21, 2024 11:09am

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Post# 36234640

BLDP Friday Massive Volume on the TSX...14M + shares.

The average daily vol is less than 1M

I am assuming it has to do with Ballard's S&P / TSX Index deletion, (which is in effect @ Sept 23)
And all the Index ETF'S required to get rid of BLDP,... and most did close to the end of the day
And that overhang would explain recent weakness, since the deletion was announced ?

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