Why shares in electric motor technology minnow Saietta more than halved today
Manufacturing deal falls throughOuter year forecasts negatively impactedSaietta seeks extra fundingShares in electric drivetrain (eDrive) systems maker Saietta (SED:AIM) hit the skids on Tuesday, crashing 55% lower to 7.5p after the company warned it has failed to reach commercial terms on a deal to produce steering pumps at its Sunderland facility.As a result, the electric motor technology minnow