Maxwell Technologies Inc. (MXWL) reported first quarter non-GAAP net income of $0.07 per share after the bell Thursday, compared to $0.01 per share last year.
Maxwell Technologies gapped open sharply lower Friday and fell in early trade, before settling into a range. Shares finished down by 6.20 at $9.60 on the highest volume of the year. The stock has been declining for the past 3 weeks and plunged to a new low for the year.
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