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Electric car battery vendor A123 Systems (AONE) drops 11.6% after warning 2011 revenue will be...

  • Friday, November 4, 2011, 8:14 AM ET
    Electric car battery vendor A123 Systems (AONE) drops 11.6% after warning 2011 revenue will be in a range of $165M-$180M, well below prior guidance of $210M-$220M. A123 blames the shortfall on inventory reductions at customer Fisker Automotive, though the magnitude of the cut will likely raise questions about demand.
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This news story has 3 comments:

  •  
    1980xls is gonna LOVE this one
    4 Nov 2011, 08:17 AM Reply Like
  •  
    John Peterson vindicated AGAIN! Hey AONE, when ya go bankrupt, take Governor Duval Patrick with you!
    4 Nov 2011, 08:24 AM Reply Like
  •  
    Damn I was short this for the longest time but the interest costs were killing me.
    4 Nov 2011, 09:12 AM Reply Like
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