WPRT - Why Westport Fuel Systems Stock Just Crashed 22%
Four days ago, news that Westport Fuel Systems (NASDAQ: WPRT) had won Chinese certification of a new "HPDI 2.0" natural gas engine technology sent the stock soaring nearly 39% in a single day .
Four days later, Westport is giving a lot of those gains back after its Chinese subsidiary issued a "clarification statement" that last week's news may not be quite as good as it sounded.
Westport stock is down 21% as of 11:30 a.m. EDT.
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Why Westport Fuel Systems Stock Just Crashed 22%