Spruce Strong Sell Opinion On Ballard Power Systems Inc. (BLDP) – ValueWalk Premium
Ballard Power Systems Inc. (BLDP)

Spruce Strong Sell Opinion On Ballard Power Systems Inc. (BLDP)

Spruce Point Capital Management is pleased to announce it has released the contents of a unique research report on Ballard Power Systems (Nasdaq and TSE: BLDP). Spruce Point has conducted a critical business and financial review of Ballard and its Chinese growth ambitions, which has been a key driver of its recent share price out performance. Based on our on the ground China research, in our opinion Ballard is set to disappoint expectations as a result of having selected the wrong Chinese partners, and the market and infrastructure for its products not having developed according to plan.

As a result . . .

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