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Why Volta Shares Are Trading Higher Today
Volta Inc (NYSE:VLTA) reported first-quarter FY22 sales growth of 77% year-on-year to $8.39 million, beating the consensus of $8.28 million. Media revenue increased…
Here's Why STMicroelectronics Shares Are Trading Higher Today
STMicroelectronics N.V. (NYSE:STM) targeted over $20 billion in annual sales by 2027, building on the strength of its strategy focused on Industrial and…
Why FIGS Shares Are Trading Lower Today
FIGS Inc (NYSE:FIGS) reported first-quarter FY22 sales growth of 26.4% year-on-year, to $110.10 million, missing the consensus of $116.92 million. Active customers grew…
Why Boat Rocker Media Shares Are Trading Higher Today
Boat Rocker Media Inc (TSX: BRMI) price target has been lowered to C$9 from C$10 by RBC Capital analyst Drew McReynolds while maintaining…
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Why Exro Technologies Shares Are Trading Higher Today
ev Transportation Services (evTS) signed an agreement with Exro Technologies Inc.(TSX:EXRO) (OTC:EXROF) to purchase 1,000 units of its 100V Coil Drive System beginning…
Why Embecta Shares Are Falling Today
Becton Dickinson and Co's (NYSE:BDX) pure-play diabetes spin-off Embecta Corp (NASDAQ:EMBC) has reported Q2 sales of $274.5 million, down 3.4% on a reported basis,…
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Why CBAK Energy Shares Are Trading Higher Today

By Akanksha Bakshi
  • CBAK Energy Technology, Inc. (NASDAQ:CBATreceived an order from a European provider of heating, cooling, and renewable energy systems for a supply of lithium-ion batteries worth EUR 28.2 million ($29.3 million).
  • CBAK Energy is expected to ship ~13.9 million units of batteries to the customer. The new order brings the total order value for the same customer in 2022 to ~EUR 31.2 million.
  • In 2022, CBAK Energy is expected to deliver 9.9 million units of batteries to the customer for an estimated EUR 17.1 million.
  • Price Action: CBAT shares are trading higher by 17.7% at $1.13 on the last check Friday.
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Dive Deeper:
Why Volta Shares Are Trading Higher Today
Volta Inc (NYSE:VLTA) reported first-quarter FY22 sales growth of 77% year-on-year to $8.39 million, beating the consensus of $8.28 million. Media revenue increased…
Here's Why STMicroelectronics Shares Are Trading Higher Today
STMicroelectronics N.V. (NYSE:STM) targeted over $20 billion in annual sales by 2027, building on the strength of its strategy focused on Industrial and…
Why FIGS Shares Are Trading Lower Today
FIGS Inc (NYSE:FIGS) reported first-quarter FY22 sales growth of 26.4% year-on-year, to $110.10 million, missing the consensus of $116.92 million. Active customers grew…
Why Boat Rocker Media Shares Are Trading Higher Today
Boat Rocker Media Inc (TSX: BRMI) price target has been lowered to C$9 from C$10 by RBC Capital analyst Drew McReynolds while maintaining…
One subscription that gives you access to news from hundreds of sites
Why Exro Technologies Shares Are Trading Higher Today
ev Transportation Services (evTS) signed an agreement with Exro Technologies Inc.(TSX:EXRO) (OTC:EXROF) to purchase 1,000 units of its 100V Coil Drive System beginning…
Why Embecta Shares Are Falling Today
Becton Dickinson and Co's (NYSE:BDX) pure-play diabetes spin-off Embecta Corp (NASDAQ:EMBC) has reported Q2 sales of $274.5 million, down 3.4% on a reported basis,…
Get all your news in one place