Home > News > Ahead of the Bell: A123 Systems
June 15th, 2012
Ahead of the Bell: A123 Systems
Abstract:
Shares of A123 Systems tumbled more than 13 percent before Wednesday's opening bell, after Wunderlich Securities said that the struggling electric vehicle battery maker's promise of new technology down the road won't be enough to keep it afloat for long.
On Tuesday, the Waltham, Mass., company announced that it had developed new lithium ion technology capable of operating in extreme heat or cold. Heat generated by powerful, next-generation batteries is one of the biggest hurdles in developing cars that do not use fossil fuels.
The news sent A123 soaring to close up 52 percent at $1.58 after a day of extremely heavy trading.
Source:
businessweek.com
Bookmark:
| Related News Press |
News and information
Closing the gaps — MXene-coating filters can enhance performance and reusability February 28th, 2025
Rice researchers harness gravity to create low-cost device for rapid cell analysis February 28th, 2025
Investments/IPO's/Splits
Daikin Industries becomes OCSiAl shareholder July 27th, 2021
INBRAIN Neuroelectronics raises over €14M to develop smart graphene-based neural implants for personalised therapies in brain disorders March 26th, 2021
180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021
Announcements
Closing the gaps — MXene-coating filters can enhance performance and reusability February 28th, 2025
Rice researchers harness gravity to create low-cost device for rapid cell analysis February 28th, 2025
Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage
Leading the charge to better batteries February 28th, 2025
Enhancing transverse thermoelectric conversion performance in magnetic materials with tilted structural design: A new approach to developing practical thermoelectric technologies December 13th, 2024
Breakthrough brings body-heat powered wearable devices closer to reality December 13th, 2024
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||