Lithium Battery Stock Powers Higher on Product Update

Braille Energy Systems Inc. (TSXV:BES), a lithium battery stock, climbed after launching its F34 fleet and marine group lithium battery

Sean Mason | September 10, 2020 | SmallCapPower

A new product announcement sparked a lithium battery stock Thursday. Here’s some small stocks making big moves on Thursday, September 10, 2020 (as of 4 pm EST):

Braille Energy Systems Inc. (TSXV:BES), a lithium battery stock, surged 17% to $0.175 on Thursday after announcing the launch of the F34 fleet and marine group lithium battery for the automotive, truck and marine markets.

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As well, shares of Theratechnologies Inc. (TSX:TH) rose 6% to $3.39 as the biopharmaceutical company said Trogarzo, the Company’s antiretroviral for the treatment of HIV, will be commercially available in Germany as of tomorrow.

Mobi724 Global Solutions Inc. (TSXV:MOS), meanwhile, reported that its wholly-owned subsidiary has entered into a sub-contracting agreement with a subsidiary of CGI Inc., to provide CGI with some of its processing platform solutions as part of a custom development initiative. Mobi724 stock moved up 100% to $0.05 following the announcement.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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