FREYR Battery (FREY) stock is soaring higher on Thursday thanks to a five-year, 31 GWh deal for its low-carbon battery cells.
FREY stock is also seeing heavy trading on today’s news. As a result, some 2 million shares are on the move as of this writing. That’s a jump from its daily average trading volume of about 1.2 million shares.
FREY is up 4.3% as of Thursday morning and is up 24.9% since the start of the year.
Here’s everything investors in FREY stock need to know about the deal.
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