A123 Systems Tumbles After Stock Offering, Narrowing of Q1 Guidance
March 29, 2011 at 13:14 PM EDT
Shares of battery maker A123 Systems (AONE) sank 11 percent to $7.01 and fell to $6.81 earlier, after the company disclosed in an 8-K SEC filing last night that it expects its Q1 revenue to come in at $16 million – $18 million, at the lower end of the previously stated range of upper teens [...]
