Ballard Power Systems is trading 5.58% down now at $2.46 after continued pressure following Susquehanna’s August 17 price-target cut to $3 from $3.50.
- Susquehanna maintained a Neutral rating after second-quarter results missed expectations.
- Ballard reported a $0.07-per-share loss versus a $0.04 estimate and revenue below consensus.
- Broader U.S. weakness, particularly in technology stocks, is adding risk-off pressure.