ABAT Shares Jump on DOE’s $115M Lithium Grant Return
American Battery Technology Co rallied in premarket trading Monday, climbing 29.58% to $4.03 on Google Finance after news that the U.S. Department of Energy brought back support for the company’s planned $115 million lithium refinery in Nevada. Shares ended Friday at $3.11. The regular Nasdaq market wasn’t open yet in New York. Nasdaq’s premarket window is 4:00 a.m. to 9:30 a.m. ET, and the regular session starts at 9:30 a.m. and closes at 4:00 p.m. ET. So the early move came in the lighter volume of the premarket, before the main open set the across-the-board price.