A123 Scores New Pact (AONE)

Posted in pre-market 
January 14th, 2010

A123 Systems, Inc. (NASDAQ: AONE) is surging this morning.  The electric car battery and appliance battery maker is up 12% at $22.49 at 8:46 AM EST on almost 450,000 shares.  It is hard to use ranges and averages since it is a recent IPO but average volume is 2.6 million shares and the post-IPO range is $14.31 to $28.20.  A124 has announced a battery supply agreement with Fisker Automotive, which is a new American automaker building premium green vehicles.  The company will also collaborate on Project Ninja, which is expected to commence in 2012.


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