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Evergreen Solar Drops to Record on ‘Going Concern’ Warning

Evergreen Solar Inc., a maker of thin polysilicon wafers, dropped to a record low after saying it’s unsure whether it will be able to remain in business due to liquidity concerns.

Evergreen sank as much as 28 percent and was down 36 cents, or 26 percent, to $1.05 a share as of 10:24 a.m. in Nasdaq Stock Market trading. That’s the lowest for the Marlboro, Massachusetts-based company since it first sold shares at $14 more than 10 years ago.