Business
Here’s why the Novonix (ASX:NVX) share price is surging 17% higher
The Novonix Ltd (ASX: NVX) share price has been a strong performer on Tuesday.
In afternoon trade the shares of the integrated developer and supplier of high-performance materials, equipment, and services for the lithium-ion battery industry are up 17% to $1.83.
Why is the Novonix share price surging higher?
Investors have been buying the company’s shares today following the release of an announcement.
According to the release, the company has appointed Professor Jeff Dahn as its Chief Scientific Advisor, effective July 1.
Prof. Dahn is a leading researcher in the field of lithium-ion batteries and materials and currently holds the title of NSERC/Tesla Canada Industrial Research Chair with Dalhousie University. He has co-authored…
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