Liontown Resources rockets 17.6% on a new 5-year supply agreement with Tesla
Looking at the movers and shakers on the ASX200 today.
Liontown Resources leads the stock rockets today so far, up 17.6%, after lithium developer announced it has entered into a sales and purchase agreement with Tesla for a 5-year period to supply the EV giant with Lithium Spodumene Concentrate from the new Kathleen Valley Lithium Project in WA.
Treasury Wine Estates is rallying 12.4% after announcing interim 2022 results including net sales revenue growth of 7.3%.
And Imugene rounds out the top three stock rockets today so far, up 9.8%, despite no price sensitive news released by the company.
On the losing front,
Netwealth Group leads the losers today down 12.67% after lunchtime following the release of first half results including a 0.5% decline in underlying net profit after tax, and a 1.8% decline in statutory net profit after tax.
Hub24 is also down just over 8.9% today.
And EML Payments is trading 5.9% lower after releasing an interim results update for 2022 including cash at bank down 39%.
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