China New Borun (BORN) Pops Higher, Hits 90% of FY12 Capacity Early
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China New Borun Corp. (NYSE: BORN) shares are ripping late-Tuesday, following a release that it "already signed pre-sales contracts worth a total of approximately 90% of the Company's total edible alcohol production capacity in 2012."
Shares are 14.6 percent better in after-hours trading.
Shares are 14.6 percent better in after-hours trading.
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