Evergreen Solar Inc. Is Down Slightly On Offering News

Tue. June 24, 2008; Posted: 05:23 PM

(RTTNews) - Evergreen Solar Inc. (ESLR | Quote | Chart | News | PowerRating) announced after the bell Tuesday that it intends to offer $300 million aggregate principal amount of senior convertible notes, due 2013. The stock is now trading lower by 0.41 on 351K shares.

Evergreen Solar dipped slightly at the open Tuesday, but settled into a range for the majority of the session. The stock finished down by 0.50 at $11.57 on above average volume.

For full details on Evergreen Solar Inc (ESLR) click here. Evergreen Solar Inc (ESLR) has Short Term PowerRatings of 8. Details on Evergreen Solar Inc (ESLR) Short Term PowerRatings is available at This Link.

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