SORL Auto Parts -15% after guidance disappoints

|About: SORL Auto Parts, Inc. (SORL)|By:, SA News Editor

SORL Auto Parts (NASDAQ:SORL) is down 15.23% after missing Q3 profit estimates by just a penny.

Investors appear to be disappointed that the company only reaffirmed its prior full-year sales guidance of ~$450M, instead of bumping it up.

Shares of SORL traded at a new 52-week low of $3.17 earlier in the session.

Previously: SORL Auto misses by $0.01, misses on revenue (Nov. 14)

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