Electra Battery Materials is trading 6.01% lower at $0.45, with hotter-than-expected September headline CPI and renewed rate concerns the likeliest available context for the decline.
- Broader markets were lower: the S&P 500 fell 0.67% and the Nasdaq Composite fell 0.91%.
- The five-year WMC partnership, announced October 13, includes working-capital support and a planned investment; definitive agreements and approvals remain outstanding, and the announcement does not clearly explain today’s drop.