Aixtron (AIXG) -14.5% premarket after the German chip equipment maker sharply cuts its outlook...

|About: Aixtron SE (AIXXF)|By:, SA News Editor

Aixtron (AIXG) -14.5% premarket after the German chip equipment maker sharply cuts its outlook for 2011 sales and operating margin. The news is "a massive negative surprise," said Equinet's Adrian Pehl, cutting his rating for the stock to Reduce from Buy. "The guidance was cut to the extent that one quarter's revenue would be missing."