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American Superconductor (AMSC) rises 19.5% after finally announcing its FY10 and FQ1 2011...
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Friday, September 23, 2011, 9:49 AM ETAmerican Superconductor (AMSC) rises 19.5% after finally announcing its FY10 and FQ1 2011 results. While the numbers, which include restated results for FQ2 and FQ3 2010, are well below Street estimates, investors appear relieved they aren't worse. The announcement of $100M in new contracts could also be lifting shares.
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