Yesterday's Hot IPO A123 Systems (AONE) Lower Today

Yesterday's hot IPO A123 Systems, Inc. (Nasdaq: AONE) is not seeing follow-through momentum today. Shares are down 3% today after rising an amazing 50% on its debut.

A123 Systems develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.

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