China BAK Battery Inc. (Nasdaq: CBAK) dispelled rumors that Google Inc. (Nasdaq: GOOG) had selected the company to provide lithium polymer batteries for the Nexus One. Shares of China BAK tumbled 87 cents to close at $2.77 while Google stock gained $3.33 to close at $622.73.
China BAK Dispels Google Rumors
December 30, 2009 at 16:53 PM EST