Hollysys Automation Technologies (HOLI -21%) tanks following Saturday's fatal collision between...

|By:, SA News Editor

Hollysys Automation Technologies (HOLI -21%) tanks following Saturday's fatal collision between two high-speed trains in China. The company - a leading provider of high-speed rail signaling controls in China - has since confirmed its systems were functioning properly at the time of the crash. Roth downgrades the shares to neutral on concerns over the industry's future.