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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.