BUZZ - Australia’s Janus Electric company shares rise after receiving a $1.4 million investment
路透社2026/10/28 02:40October 28 - ** Janus Electric (JNS.AX) shares rose as much as 10.2% to AUD 0.65, reaching their highest level since October 12
** The electric vehicle technology company received a AUD 2 million (USD 1.41 million) investment from lithium-ion battery manufacturer Electrovaya Inc (ELVA.TO) (link)
** It also placed its first purchase orders for lithium-ion battery systems with Electrovaya, amounting to AUD 37.5 million, for truck projects planned for deployment in the United States and Canada
** Shares have risen for the fifth consecutive trading day
** Including today's performance, the shares have surged a total of 1,059.1% so far this year
(USD 1 = AUD 1.4229)
(To assist non-native English speakers, Reuters has automated the translation of its reports into several other languages. Due to the possibility of errors or lack of context in automated translations, Reuters does not guarantee the accuracy of these texts, which are provided solely for the convenience of readers. Reuters accepts no responsibility for any damage or loss that may arise from the use of automated translation features.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bonds Could Become the Hedge Against AI Selloff as Correlation Turns Negative
JPMorgan lowered Boeing's target price to $240.
"For the first time in history" Annual Guidance Released in Advance! JPMorgan Maintains 'Overweight' Rating for ASM International (ASMIY.US), Earnings Outlook May Continue to Improve
JPMorgan maintains an Overweight rating on ASMI with a target price of 1,174 euros, stating that this is the first time the company has provided guidance for 2027. The outlook is highly visible, and profit expectations may be revised up by a low double-digit percentage.
