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Kemet Tumbles 17.7% on Merrill Downgrade

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(KEM) - Get KEMET Corporation Report

fell 17.7% in early trading after

Merrill Lynch

downgraded it and two other electronic components makers to neutral from buy.

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was down 15.5% and


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was down 16.2%. Merrill said, "We now think we are entering a period where estimates for the next three months and beyond are at risk."