(Green energy losers, A123 Systems story, updated for Thursday trading decline, analyst commentary, IPO discussion)NEW YORK ( TheStreet) -- Shares of lithium ion battery maker A123 Systems (AONE) fell sharply in trading on Thursday, the continuation freefall in A123 shares this week after the high-profile, cash-burning company said it plans to offer 18 million shares to the public in a secondary offering, as well as proceed with a $125 million convertible bond deal. The deal was announced after the close on Monday, when A123 Systems began to fall. By mid-day Tuesday, A123 Systems shares were declining by more than 10% on twice its average daily volume of shares traded.
Green Energy Losers: A123 Systems
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