Superlattice Power Inc. (SLAT.OB) Jumps 9% in Thursday Trading
Superlattice Power closed the day Thursday at $2.02 a share, an increase of 9.19%. Nearly 140,000 shares were traded; almost four times its average trading volume. This increase came the day following the release of the company’s quarterly 10Q report. In the report, Superlattice Power disclosed its agreement to invest a minimum of $1.5 million in each of the next two years in development of technologies for lithium batteries. Superlattice Power is focused on devoting its resources and efforts to develop and market lithium-powered batteries. The batteries are then used in vehicles and in residential and commercial applications. They are…