KULR Technology Group Inc. KULR shares are trading higher on Wednesday after announcing a groundbreaking pyrolytic carbon electrode developed in collaboration with Scripps Research Institute’s Baran Lab.

The Details: The electrode is key for the synthetic organic electrochemistry field, a sector integral to the production of pharmaceuticals. Compared to traditional carbon materials, KULR described the electrode as more cost-effective, durable and reusable.

“KULR’s expertise in carbon materials, combined with the innovative vision of Scripps Research’s Baran Lab, has resulted in a truly transformative material for synthetic chemistry,” said Michael Mo, CEO of KULR Technology.

“We are excited to bring this technology to market, where it has the potential to redefine how we approach large-scale chemical synthesis.”

How To Buy KULR Technology Stock

By now you're likely curious about how to participate in the market for KULR Technology — be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share. For example, some stock, such as Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of KULR Technology, which was trading at $2.65 at some point on Wednesday, $100 would buy 37.74 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading — either way it allows you to profit off of the share price decline.

KULR Price Action: KULR stock closed Wednesday up 6.89% at $2.56, according to data from Benzinga Pro.

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