Orbitz Worldwide, Inc. (OWW), Vical Incorporated (VICL), MannKind Corporation (MNKD): Last Week’s Biggest Losers

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Kandi Technologies Group Inc (NASDAQ:KNDI) powered down after posting ho-hum quarterly results. The Chinese maker of ATVs, go-karts, and, more recently, electric vehicles posted a small adjusted profit as revenue climbed 10% to $12.2 million. That’s not a lot, and it’s easy to get concerned on learning that just $2 million of those sales were for electric vehicles.

That’s fine. Investor interest in Kandi Technologies Group Inc (NASDAQ:KNDI) has increased since receiving government approval for its first Geely co-developed pure electric sedan, and the market will have to wait and see that play out.

Ready for a bounce
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The article 5 of Last Week’s Biggest Losers originally appeared on Fool.com is written by Rick Munarriz.

Longtime Fool contributor Rick Munarriz and The Motley Fool have no position in any of the stocks mentioned.

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