Capacitor vendor Kemet (KEM -7.6%) adds to the big losses it saw on Friday thanks to a BofA...

|About: Kemet Corporation (KEM)|By:, SA News Editor

Capacitor vendor Kemet (KEM -7.6%) adds to the big losses it saw on Friday thanks to a BofA downgrade, which came a day after Kemet posted a FQ4 report featuring a weaker-than-expected gross margin. BofA is worried about a slow margin recovery, execution risk on account of restructuring and M&A activity, higher interest expenses, and macro uncertainty.