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AMSC loses $27M in value after sixth straight year of losses

Shares of Ayer energy technology firm AMSC dropped by 18 percent early Thursday after the company reported a $32.8-million loss in fiscal 2017.
The company’s earnings report, released late Wednesday, showed the company’s sixth straight year with a net loss, although the firm has been able to reduce its net loss by more than half since it’s fiscal 2012 loss of $66 million.
On a per share basis, t ...

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