Polypore drops on Wedbush downgrade


In spite of their recent lithium separator supply deal, checks indicate Polypore (PPO -4%) won't be replacing Ube in its current electric drive vehicle programs for Panasonic, writes Wedbush's Craig Irwin, downgrading shares to Neutral.

Irwin also says checks suggest Polypore won't be replacing Tesla battery materials supplier Sumitomo.

Shares had made new 52-week highs yesterday. They're still up 20% YTD.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs