Ballard Power Systems (BLDP) Skyrockets on Volkswagen Deal

Ballard Power Systems (NASDAQ:BLDP) stock is soaring today after inking a $80 million deal with Volkswagen and Audi, giving the automaker fuel-cell-related intellectual property. The deal also extends a servicing contract that BLDP and Volkswagen have for two years, according to Ballard’s news release Wednesday morning. BLDP stock was up as much as 62% this morning before settling to about 50% [...]