Beaten-down American Superconductor (AMSC +13.7%) soars on a bullish note from Maxim Group....

|About: American Superconductor Cor... (AMSC)|By:, SA News Editor

Beaten-down American Superconductor (AMSC +13.7%) soars on a bullish note from Maxim Group. Maxim expects the the unpredictable voltage changes produced by wind and solar plants to drive demand for AMSC's grid-management solutions, and thinks a settlement of its lawsuit against ex-customer Sinovel could provide a "surprising lifeline." Earlier this week, AMSC appealed the dismissal of one of its Sinovel suits to China's supreme court.