Advent Technologies surges on deal with Hyundai

Advent Technologies Holdings

06/04/2022 15:34

** Shares of Advent Technologies Holdings Inc  ADN.O  up
74.7% at $3.53 in early trading - set for best day ever
    ** ADN says it has entered into technology assessment, sales
and development agreement with Hyundai Motor Co  urn:newsml:reuters.com:*:nBw3tfV4La
    ** Under agreement, ADN plans to support Hyundai in
fulfilling its fuel cell project needs, while Hyundai will
provide catalysts to ADN for evaluation in its membrane
electrode assemblies
    ** Stock had fallen ~52% YTD

    

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))