Exide Technologies (XIDE -29.3%), a maker of batteries for industrial and automotive...

|About: Exide Technologies (XIDEQ)|By:, SA News Editor

Exide Technologies (XIDE -29.3%), a maker of batteries for industrial and automotive applications, freefalls after reporting FQ2 revenue of $773M (+16% Y/Y) and EPS of -$0.05; the former beat by $16.3M, but the latter missed by $0.16. In addition, Exide says it was notified in October of potential accounting fraud at a Portuguese recycling facility, and is investigating the matter.