UPDATE 1-Ballard stock surges on automotive fuel cell deal

Newswire

(Figures in U.S. dollars unless noted) TORONTO, Nov 25 (Reuters) - Shares of Ballard Power Systems surged on Monday morning after the fuel cell developer said it had won a $1.88 million order from a new automotive customer for its fuel cell engine and support services. Ballard's stock rose 13.6 percent, or C$2.95, to C$24.65 on the Toronto Stock Exchange. On Nasdaq, it was up 13.8 percent, or $1.90, to $15.70. The company did not name its new customer, or outline terms of the deal. The ...

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