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Forbes reports that A123 Systems Inc. (NASDAQ:AONE) shares dropped on Monday after an analyst downgrade.
Forbes reports that A123 Systems Inc. (NASDAQ:AONE) shares dropped on Monday after an analyst downgrade.
The market news is quoted as saying:
Given the company’s cash burn, Pacific Crest believes A123 may need to raise money by selling more stock in late 2012 or early 2013.
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