Why Piedmont Lithium's Stock Is Trading Higher Today

Piedmont Lithium PLL shares are trading higher on Monday after the company announced it signed a sales agreement with Tesla Inc TSLA.

Piedmont Lithium is a lithium-based company focused on the development of its Piedmont Lithium Project in North Carolina.

Piedmont Lithium shares are trading up 170% at $29.64 at the time of publication on Monday. The stock has a 52-week high of $43.99 and a 52-week low of $4.

$PLL Piedmont Lithium +200% Move Of The Day | Benzinga Pro Market Alert https://t.co/SbaX4fbtUz https://t.co/MIsnnfvIED pic.twitter.com/FsD1PZPMKU

— Benzinga (@Benzinga) September 28, 2020