Ultracapacitor maker Maxwell (MXWL -6.1%) is selling off after posting in-line earnings and...

|About: Maxwell Technologies, Inc. (MXWL)|By:, SA News Editor
Ultracapacitor maker Maxwell (MXWL -6.1%) is selling off after posting in-line earnings and guiding for a 5% Q/Q revenue decline (the Street was expecting a 4% increase). A $30M stock offering and a downgrade to Neutral from R.W. Baird also aren't helping. During its earnings call, Maxwell touted the strong growth potential of the automotive ultracapacitor market.