Shares of Echelon (ELON -17%) take a hit after its Q2 guidance disappoints investors. The...

|About: Echelon Corporation (ELON)|By:, SA News Editor

Shares of Echelon (ELON -17%) take a hit after its Q2 guidance disappoints investors. The company is now calling for a sharp sequential Q/Q decline in revenue. Jefferies, Cantor and ThinkEquity all downgrade the stock on the back of the report.