Electra Battery Materials Corporation (ELBM) shares skyrocketed 323.03 percent to $6.98, gaining $5.33 in Monday trading despite no apparent news driving the move. The sharp surge came on unusually heavy volume as traders piled into the stock.
The shares opened at $3.30 and have traded between $3.27 and $6.55 so far today, compared to a previous close of $1.65 on the Nasdaq. Trading volume reached 162.32 million shares, exceeding the average of 1.32 million.
Over the past 52 weeks, Electra Battery Materials has traded between $0.77 and $6.55.
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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.