Struggling Northvolt sells remaining stake in battery recycler to Norsk Hydro [Globe and Mail, The (Toronto, Canada)]
NORSK HYDRO A S ADS (NHYDY)
NASDAQ:AMEX Investor Relations:
hydro.com/en/investor-relations
Company Research
Source: Globe and Mail, The
Norsk Hydro became the sole owner of battery recycler Hydrovolt on Monday after the Norwegian aluminum maker agreed to buy the remaining shares from ailing Swedish battery maker Northvolt for 78 million Norwegian crowns ($6.79-million). Northvolt, once hailed as Europe's best shot at a home-grown electric-vehicle battery champion, has been slimming down and racing to stay afloat after being hobbled by production problems, loss of a major customer contract and a funding crisis. The battery maker entered Chapter 11 bankruptcy protection in the U.S. in November and last year ceased funding to almost all of its various joint ventures and non-core businesses. The Norwegian company told Reuters in October that it had raised its stake in the end-of-life battery recycling business Hydrovolt and has been financing its operations since the second half of 2024. It will now own 100 per cent. The Norwegian aluminum company announced in November that it would stop investing in battery busi
Show less
Read more
Impact Snapshot
Event Time:
NHYDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NHYDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NHYDY alerts
High impacting NORSK HYDRO A S ADS news events
Weekly update
A roundup of the hottest topics
NHYDY
News
- Norsk Hydro: Holding Onto And Adding More To This Winner [Seeking Alpha]Seeking Alpha
- Norsk Hydro ASA (OTCMKTS:NHYDY) had its "overweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- Norsk Hydro ASA (OTCMKTS:NHYDY) was upgraded by analysts at BNP Paribas Exane from a "neutral" rating to an "outperform" rating.MarketBeat
- Norsk Hydro ASA (OTCMKTS:NHYDY) was upgraded by analysts at BNP Paribas to an "outperform" rating.MarketBeat
- Kaiser Aluminum: Good Performance, Still A Buy After Q3 '25 [Seeking Alpha]Seeking Alpha