GrafTech shares surge as graphite electrode prices lifted 30%
GrafTech International said it is hiking prices for its graphite electrodes by at least 30%, effective immediately. The stock rose 17% to $7.24 in Tuesday morning trading.
Shares of GrafTech International jumped after the company said it was raising prices for its graphite electrodes by at least 30%, effective immediately. 24 in Tuesday morning trading. It has fallen 53% since the start of the year.