Maxwell Technologies (MXWL -11.4%) is plunging to new multi-year lows following a downgrade to...

|About: Maxwell Technologies, Inc. (MXWL)|By:, SA News Editor

Maxwell Technologies (MXWL -11.4%) is plunging to new multi-year lows following a downgrade to Neutral from Wedbush. The firm says its checks indicate new competition in Maxwell's ultracapacitor business from China's Lishen, while adding it believes Lishen's sales go against the spirit of its outsourcing partnership with Maxwell. (previous)