Shares of FREYR Battery (FREY) are rising more than 12% Monday morning after reporting better-than-expected earnings in the fourth quarter.
FREYR reported net profit of $25.3 million, or $0.20 per share in the fourth quarter, compared with net loss $28.9 million or $0.24 per share a year ago. On average, 6 analysts polled by Thomson-Reuters expected the company to report loss of $0.22 loss per share.
FREY is at $9.29 currently. It has traded in the range of $6.42-$16.94 in the last 1 year.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.