Novonix (NVX) Stock Skyrockets 35% After Battery Breakthrough – What Investors Must Know
Novonix shares surged nearly 36% to $2.94 on Oct. 10, 2025, after announcing its first mass-production synthetic graphite sample delivery. Volume hit 28.5 million shares as the stock more than doubled in ten days. The company remains unprofitable, with $8 million trailing revenue and a high price-to-sales ratio. Novonix recently signed a major supply deal with Volkswagen’s PowerCo and targets Panasonic as a lead customer.
