A123’s trajectory since its strong IPO in late September 09 has featured a slight
bump in revenue in its most recent quarter and strong demand for the company’s
lithium-ion battery technology. However, despite a series of deals since its IPO,
with Navistar and Fisker, and backing from General Electric, A123 yet again
managed to end up in the red for it’s latest quarter. In addition to AONE’s
aggressive production capacity expansion plans, the company’s continued
investment in objectively expensive energy storage devices and an increasingly
uncertain Plug-in Hybrid-electric vehicle market, have raised investor concerns
over whether the company will manage to outperform the market. This has led to
a highly variable stock price.
A123’s trajectory since its strong IPO in late September 09 has featured a slightbump in revenue in its most recent quarter and strong demand for the company’slithium-ion battery technology. However, despite a series of deals since its IPO,with Navistar and Fisker, and backing from General Electric, A123 yet againmanaged to end up in the red for it’s latest quarter. In addition to AONE’saggressive production capacity expansion plans, the company’s continuedinvestment in objectively expensive energy storage devices and an increasinglyuncertain Plug-in Hybrid-electric vehicle market, have raised investor concernsover whether the company will manage to outperform the market. This has led toa highly variable stock price.
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