Harbin Electric Continues To Slide

Harbin Electric, Inc. HRBN shares have continue to slide, and are now down more than 35% on the session on over 5 million shares. Citron Research put out a negative note on the company, which is adversely affecting shares today. At last check, shares were off $5.14 to $9.16, a loss of 36%. Harbin Electric, Inc., through its subsidiaries, engages in the design, development, manufacture, supply, and service of electric motors in the People's Republic of China and internationally.