Ballard Power Systems, Inc (NASDAQ:BLDP) and Plug Power, Inc (NASDAQ:PLUG) have declined massively over the past year with Ballard trading down about 76% off its Feb. 9 all-time high of $42.28 and Plug Power plummeting about 68% from its all-time high of $75.49, which the stock reached on Jan. 26.
The two fuel cell-focused companies have begun to show some strength recently, however, especially when compared to the general markets that have been volatile and indecisive lately. On Jan. 28, both Ballard and Plug Power printed signs the bottom is in for the stocks, although Plug Power looks slightly stronger over the long-term because it has confirmed a trend change to the upside.
