Skip to main content

New Era of Networks Halved on Downgrade; Trading Halted

  • Author:
  • Publish date:

Trading in business-software company

New Era of Networks

(NEON) - Get Neonode Inc. Report

was halted in late afternoon with the stock down 54.7%. Prior to the halt,

Scroll to Continue

TheStreet Recommends

Wit SoundView

downgraded the company to hold from strong buy based on concerns about the quality of the company's license revenue in the wake of its Nov. 14 10-Q filing.