Westport (WPRT) Lower on Strong Volume; Cramer Cites Difficulty with Cummins (CMI)
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Westport Innovations (Nasdaq: WPRT) is trading lower on higher volume today. No word on what the news, though shares moved strong below the $33 support level.
Wednesday night, Jim Cramer said Cummins (NYSE: CMI) and Westport have become "frenemies," which we assume means engine collaborations are continuing, but neither wants to "really" be in the relationship.
Volume is already about 2.5 million today. Shares are off about 5 percent.
Wednesday night, Jim Cramer said Cummins (NYSE: CMI) and Westport have become "frenemies," which we assume means engine collaborations are continuing, but neither wants to "really" be in the relationship.
Volume is already about 2.5 million today. Shares are off about 5 percent.
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