Post-IPO Volume Tanker: GT Solar (SOLR)

Posted in General 
July 25th, 2008

This alternative energy player GT Solar International Inc. (NASDAQ: SOLR) came public just yesterday and was already given a poor reception on its debut day. But that is looking like chicken feed compared to today’s trading in the stock.

At 9:48 AM EST we have already seen over 5 million shares trade hands and stock is down almost 30% at $10.30. It traded as low as $9.30 this morning, after pricing at $16.50 yesterday. Ouch.

Jon Ogg
July 25, 2008

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