J-Star Moves Up in Premarket on $122.5 Million Texas Battery Deal Behind YMAT
J-Star Holding Co., Ltd. stock gained in U.S. premarket trading Wednesday, as the Taiwan composites firm outlined more details for its planned $122.5 million solid-state battery facility in Baytown, Texas. Public.com had YMAT at $1.34 at 7:00 a.m. ET, 47.25% above Tuesday’s close at $0.91. Premarket trading generally sees lighter volumes ahead of the Nasdaq session. Solid-state batteries rely on solid electrolyte instead of a liquid or gel to transfer charge in each cell. Market focus was less on current earnings and more on specific project milestones. J-Star said Tuesday it now has support for its plan thanks to a Taiwan Central Bank authorization for a planned $60 million outbound investment, along with a formal site commitment from the Baytown