A123 Charges Up IPO Market As Speculative Offerings Return
Even as the U.S. markets fell, shares of A123 Systems jumped 54 percent on their first day of trading as the electric car battery maker provided a spark to the IPO market. The successful stock offering suggests that investors can be easily re-excited about clean-tech companies as the global economic woes begin to subside. The explanation for the enthusiasm is easy to find and comes as the company continues to post big losses. According to a Securities and Exchange filing from the company, A1