Solidion Technology, Inc. (STI) skyrocketed 204.74% to $16.73, up $11.24, after introducing its PEAK Series UPS system tailored for AI data centers.
The jump follows recent recognition for Solidion's E-GRIMS graphite innovation, which earned the 2025 R&D 100 Award.
The company said the system, powered by its proprietary silicon-carbon anode battery technology, delivers up to 30% space reduction and three times the battery life compared to conventional setups.
The stock opened at $11.59, reached a high of $16.78 and a low of $5.22, versus a previous close of $5.49. It trades on the NASDAQ, with volume surging to 60.39M shares, far above its average. The 52-week range is $1.25 to $18.23.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.