Amprius signs CAMINUS cell production deal, shares fall
BUZZ-Amprius signs CAMINUS cell production deal, shares fall ** Shares of battery maker Amprius Technologies AMPX.N fall more than 1% to $9.55
** Co signs deal with battery manufacturer CAMINUS to make its pouch cells in the US
** Under the agreement, CAMINUS (formerly EnPower) will make Amprius-designed pouch cells at its Indianapolis facility, adding domestic production capacity for Amprius customers in aviation, defense, and uncrewed systems
** Financial terms of the contract has not been disclosed
** All brokerages covering the stock are bulish; median PT - $23 - data compiled by LSEG
** Including session moves, stock has risen 22% YTD
(Reporting by Miraanta Lowrance in Bengaluru)
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