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drpharmacist08

01/31/12 3:06 PM

#76932 RE: MNYC #76929

A company they sell product to is coming out with their own version of the same product so investors believe this will effect revenue
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Caddy Man

01/31/12 3:07 PM

#76933 RE: MNYC #76929

Polypore International (PPO) Collapses on Rival Plant
January 31, 2012 1:42 PM EST
Shares of Polypore International (NYSE: PPO) are under extremely heavy pressure Tuesday after the company's competitor LG Chem said it will have a separator plant up and running by the 2nd-half of the year.

The stock last traded at $40.90, down 24.7 percent.

We are also hearing a mid-day downgrade is adding to the downside.