E Ink Holdings surprised Asian stock markets Monday with worse-than-expected December sales, with the company’s shares dropping the maximum allowed in a single day. December sales declined 55 percent from the prior month, and were down 57 percent compared to December 2010. November’s sales were 33 percent lower than October, but chairman Scott Liu indicated that all of their holiday orders had been shipped early “in response to customer demands,” with “a portion of November orders [going out] in October, which contributed to the fact that November sales revenues were lower than earlier expectations. But December’s sales were far below […]
