HomeTechElectronicsFreyr Battery (FREY) Down 81% YTD

Freyr Battery (FREY) Down 81% YTD

Freyr Battery (FREY) should trade at a discount to cash value until the company shows progress on its sample cell campaign, notes Morgan Stanley. George Tsilis joins Alex Coffey and Jenny Horne to discuss FREY as the stock hit its 52-week low on Friday and is down 81% year-to-date. FREY was downgraded to equal weight from overweight at Morgan Stanley and lowered its price target to $2 from $13. Tune in to find out more about the stock market today.

Next Gen Investing

14 Nov 2023

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