A123 Systems (AONE -7.7%) continues its slide from last week after cutting FY12 guidance,...

|About: A123 Systems, Inc. (AONEQ)|By:, SA News Editor

A123 Systems (AONE -7.7%) continues its slide from last week after cutting FY12 guidance, further pressured today by a downgrade to Sell on valuation at Craig-Hallum following the report. The firm says AONE's outlook remains cloudy and that business would need to ramp substantially to justify its current share price.