Shares of American Battery Technology Company (ABAT) are rising about 32 percent on Monday morning after the company announced it has won its appeal with the U.S. Department of Energy for the reinstatement of its competitive grant award.
The company's stock is trading at $4.1050, up 32.37 percent on the Nasdaq. After opening at $4.0050, the shares climbed to an intraday high of $4.23. Over the last year, the stock has fluctuated within a 52-week range of $1.2 to $11.49.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.