The Little Battery Stock That Could; A123 Systems (NasdaqGS: AONE) Continues its Run
Are Investors Charged up about this stock again?
Category: Investment, Renewable Energy
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News about A123 Systems
New York, NY - September 12, 2012 (Investorideas.com renewable energy newswire) Investorideas.com staff: Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for battery maker A123 Systems, Inc. (NasdaqGS: AONE). This is the third day of the stock's run and it does not appear to have lost its charge as the volume picks up in this morning’s trading. The stock is trading $0.3299, up .0399 or 13.76% as of 11:39AM EDT on over 31 Million shares.
The stock had dropped over 95% at one point off its 52 week highs but has picked up gains and momentum this week as investors have found some confidence in the stock following the financial investment and commitment from Wanxiang Group Corporation.
A123 Systems, Inc. (AONE) is a leading developer and manufacturer of advanced lithium-ion batteries and energy storage systems for transportation, electric grid and commercial applications. The company's proprietary Nanophosphate(R) lithium iron phosphate technology is built on novel nanoscale materials initially developed at the Massachusetts Institute of Technology and is designed to deliver high power and energy density, increased safety and extended life. A123 leverages breakthrough technology, high-quality manufacturing and expert systems integration capabilities to deliver innovative solutions that enable customers to bring next-generation products to market. For additional information please visit www.a123systems.com.
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