Polypore Down 6% on Rumor It May Lose Big Auto Business (PPO)

By: Benzinga
A rumor is developing that technology filtration company, Polypore International Inc. (NYSE: PPO ) has lost business because Asian competitors are severely undercutting PPO’s price. Polypore provides lithium ion (Li-Ion) battery separators to LG Chem for use in General Motors’ (NYSE: GM ) Chevy Volt and to Nissan Motor
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