Ballard Power: More Shares, Please?
July 01, 2015 at 14:08 PM EDT
What’s a surefire way to stop a stock’s momentum in its track? Sell more shares. That’s what happened today to Ballard Power Systems (BLDP), which priced its secondary offering at $1.60 a share. Before today, Ballard’s shares had been trading above $2 for a while, but this offering knocked it down to its lowest level [...]