Solidion Technology (STI) Stock Plummets 5.23% Amid Volatility

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3 days ago

Solidion Technology (STI, Financial) experienced a significant stock price drop of 5.23%, with the stock trading at $0.353 per share. Trading volume reached 83,291 shares with a turnover rate of 0.09% and price fluctuation of 3.76%.

The company's recent financial report shows no revenue, a net profit of $22.02 million, earnings per share of $0.25, a gross profit of -$102,911, and a negative price-to-earnings ratio of -1.12. Currently, there are no institutional ratings for the stock.

Within the electrical equipment and parts industry, the overall decline was 0.08%. Notable performers in this sector include Microvast Holdings, Eos Energy Enterprises, and Powell Industries, which saw significant gains. Meanwhile, stocks like Expion360, Polar Power, and Plug Power were highly active with varying turnover rates and volatility.

Solidion Technology focuses on the research, development, and manufacturing of battery materials and components, as well as energy storage systems for transportation. It is recognized as a leader in high-capacity anode and high-energy solid-state battery intellectual property.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.