American Superconductor shares up on upgrade, citing growth in global wind power market
American Superconductor Corp. shares rose Tuesday after an analyst upgraded the stock, citing the growth of the global wind power market.
American Superconductor Corporation, a leading energy technologies company, today announced that it has received new orders for wind turbine core electrical components and full wind turbine electrical systems from companies in Canada and China that are in the process of adopting and scaling up manufacturing of wind turbines designed by AMSC's wholly owned subsidiary, AMSC Windtec.