Major Sell Off Underway In Rino International (RINO)

Shares of Rino International

are getting rocked today, after the company reported earnings during Friday's trading session. The stock has now fallen 10.75% since Friday's close to $13.78. Volume has been above average, with 1.38 million shares trading hands compared to a daily average of 937,000. RINO International Corporation is engaged in the business of designing, manufacturing, installing and servicing wastewater treatment and flue gas desulphurization equipment for use in China’s iron and steel industry, and anti-oxidation products and equipment designed for use in the manufacture of hot rolled steel plate products.