Pursuits
Ascent Solar Surges on Licensing Deal With Chinese Builder
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Ascent Solar Technologies Inc., a thin-film panel producer that’s lost 64 percent of its value this year, climbed the most in more than four years after announcing a licensing and equity deal that may help it increase sales in the Asian construction industry.
Ascent climbed 48 cents, or 65 percent, to $1.21 in Nasdaq Stock Market trading, the Thornton, Colorado-based company’s biggest gain since March 2007.