PLL 0.00% 23.5¢ piedmont lithium inc.

Please explain: Mgmt annonces bad news Stock closes up

  1. 101 Posts.
    lightbulb Created with Sketch. 9
    At about 11 o'clock New York time, Reuters reported that Piedmont is delaying the anticipated shipment to Tesla And further, no future date has been set.

    The stock dropped on the news, then moved up to close up about 1%. Can anybody explain this to me?
 
watchlist Created with Sketch. Add PLL (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
0.000(0.00%)
Mkt cap ! $99.64M
Open High Low Value Volume
24.0¢ 24.5¢ 23.5¢ $315.6K 1.321M

Buyers (Bids)

No. Vol. Price($)
12 73042 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 256563 8
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
23.5¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
24.0¢ 24.5¢ 23.5¢ 491490
Last updated 15.56pm 21/05/2024 ?
PLL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.