The Conversation (0)
Reuters reported A123 Systems Inc (NASDAQ:AONE) said it received a delisting notice from the Nasdaq to get its stock price above $1 in the next 6 months.
Reuters reported A123 Systems Inc (NASDAQ:AONE) said it received a delisting notice from the Nasdaq to get its stock price above $1 in the next 6 months.
As quoted in the market news:
A123′s shares, which have dropped more than 90 percent since touching a year-high in September last year, closed at a lifetime-low of 37 cents on the Nasdaq on Wednesday.
Weak demand for electric cars in the United States have hit the advanced car battery industry in recent times.