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re: Ann: Successful Completion of A$65M Insti... From the...

  1. ocracoke
    1,268 Posts.
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    07/10/09
    13:33
    Post #: 5743930
    re: Ann: Successful Completion of A$65M Insti... From the Associated Press

    he opportunities," Perlman says, "are staggering."

    A123 Systems, a Watertown, Mass., maker of lithium-ion batteries for electric cars, had one of the most lucrative public stock offerings this year, raising $437.5 million. Its stock price jumped more than 50 percent on the first day of trading in September, with investors willing to overlook that the company has yet to make money.
    GXY Price at posting: $1.86 Sentiment: Buy Disclosure: Held
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