Advanced Battery (ABAT) Providing Apple (AAPL) Tablet PC Battery?

Posted by Tate Dwinnell | # |
09:22:18 am on January 6, 2010

Rumors continue to swirl around Advanced Battery (ABAT) providing the battery for the Apple (AAPL) tablet PC.  The stock  was up about 10% yesterday and is ramping up another 10% this morning in premarket trading.  Briefing.com first reported the rumor yesterday around 11AM EST and the stock begin to move up with big volume, closing the day near the highs with record volume.  It’s adding to the gains following a breakout from a cup with handle base above 4.03 on Dec 28th.

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