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PowerX accelerates gains on MoU with Montenegro state power company

Fri May 8, 2026 10:51 am JST Catalyst

PowerX <485A> shares surged to an all-time high of 14,090 yen, up 3,000 yen from the previous session, as momentum picked up for the battery storage system manufacturer. Since its listing in December, the company has attracted strong investor interest on high growth expectations. After the market close on Thursday, PowerX announced a memorandum of understanding on strategic cooperation for battery storage systems with Montenegro's state-owned power utility, providing a fresh catalyst for the stock.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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