Business
The Novonix (ASX:NVX) share price is on a rollercoaster ride today
The Novonix Ltd (ASX: NVX) share price has been on a rollercoaster ride in Wednesday’s trade.
Shares in the Aussie lithium-ion battery group jumped to a new record high of $4.23 per share in early trading, before crashing to a low of $2.95. That’s a drop of almost 15%.
At the time of writing, the Novonix share price has recovered slightly and is currently trading at $3.34, down 7.5%.
Why is the Novonix share price wobbling today?
Novonix is an integrated developer and supplier of high-performance materials, equipment, and services for the lithium-ion battery industry.
In the absence of any fresh announcements to the ASX, could the volatile Novonix share price movement be down to the latest company announcement on 21…
-
Noosa News13 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General19 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News19 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News19 hours agoDetectives continue to search for answers on Crystal Beale’s death