American Battery Technology Company Stock Is Moving Lower Wednesday: What's Going On?

Benzinga_recent_news10-23

American Battery Technology Company (NASDAQ:ABAT) shares are trading lower Wednesday, among other battery-related companies. Recent reports suggested that the Department of Energy canceled more than $...

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Recent reports suggested that the Department of Energy canceled more than $...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/10/48366595/american-battery-technology-company-stock-is-moving-lower-wednesday-whats-going-on\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>American Battery Technology Company Stock Is Moving Lower Wednesday: What's Going On?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmerican Battery Technology Company Stock Is Moving Lower Wednesday: What's Going On?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-23 04:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/25/10/48366595/american-battery-technology-company-stock-is-moving-lower-wednesday-whats-going-on><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>American Battery Technology Company (NASDAQ:ABAT) shares are trading lower Wednesday, among other battery-related companies. Recent reports suggested that the Department of Energy canceled more than $...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/10/48366595/american-battery-technology-company-stock-is-moving-lower-wednesday-whats-going-on\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ABMLD","symbol_name":"American Battery Technology Company","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/25/10/48366595/american-battery-technology-company-stock-is-moving-lower-wednesday-whats-going-on","article_id":"2577319865","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/10/22/Stock-chartbenzingaai2023-stock-market-c.png?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/25/10/48366595/american-battery-technology-company-stock-is-moving-lower-wednesday-whats-going-on","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2577319865","pubTimestamp":1761164040,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Recent reports suggest the Department of Energy canceled more than $700 million in battery and manufacturing awards.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ABMLD":"American Battery Technology Company","ABAT":"AMERICAN BATTERY TECHNOLOGY CO","BK4168":"多种金属与采矿"},"translate_title":"美国电池技术公司股价周三走低：发生了什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ABMLD":1.5,"ABAT":1},"content_text":"American Battery Technology Company (NASDAQ:ABAT) shares are trading lower Wednesday, among other battery-related companies. Recent reports suggested that the Department of Energy canceled more than $700 million in battery and manufacturing awards.\n     • ABAT shares are experiencing downward pressure. Get the complete picture here.\nWhat To Know: According to Reason, the Energy Department canceled funding for several companies earlier this month, including American Battery Technologies, Ascend Elements, Anovion, ICL Specialty Products and LuxWall. The grants were part of Biden-era energy spending programs targeting battery and green manufacturing projects.\nThe Energy Department told E&E News that the projects \"had missed milestones, and it was determined they did not adequately advance the nation’s energy needs, were not economically viable, and would not provide a positive return on investment of taxpayer dollars.\"\nAmerican Battery Technologies was awarded a $57.7 million grant in 2022 to develop a commercial-scale cathode material facility in Nevada, along with another $123 million grant in 2024 for a separate project. The recent funding cut affects only the earlier grant, while the 2024 award remains in place.\nABAT Price Action: American Battery Technology shares closed down on Wednesday 2.62% lower at $5.94, according to data from Benzinga Pro.\nSee Also:     • 3M’s Modest Results Win Analyst Praise, But PFAS Litigation Risk Looms\nThis illustration was generated using artificial intelligence via Midjourney.\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2577319865","isCrawlerRequest":true}