Ballard Power stock surges ahead of Bush speech

Newswire

(Figures in U.S. dollars unless noted) TORONTO, Jan 28 (Reuters) - Shares of hydrogen fuel cell developer Ballard Power Systems Inc. surged on Tuesday, as investors anticipated encouragement for the alternative energy industry from U.S. President George W. Bush in his State of the Union speech later in the day. Ballard stock was up C$1.75, or 12 percent, at C$16.05 on the Toronto Stock Exchange on Tuesday afternoon, after jumping as high as C$16.34 earlier in the session. They were up ...

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