A123 Systems Declined its 2011 Revenue Forecast

Reuters reported that A123 Systems (NYSE:AONE.O) declined its 2011 revenue forecast twice in three months.

As quoted in the market news:

In November, electric car maker Fisker Automotive Inc reduced its fourth-quarter orders for battery packs, a move that A123 Chief Executive David Vieau described as “unexpected” at the time.

Click here to read the full Reuters report.