16 Oct 2025 | 3 Mins Read
Battery stock plummets 80% after dismal earnings report
Flipitmoney
American Battery Technology Co. stock declined 21% in regular trading on a US Department of Energy grant cancellation. The grant, awarded in 2023 for $52 million, would have funded a lithium hydroxide plant. The stock plummeted 41% in afterhours trading before paring losses to 24%, trimming its 1-year return to over 800%.