CBT Stock Recent News

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Here is how Cabot (CBT) and Hawkins (HWKN) have performed compared to their sector so far this year.

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CBT's upside is fueled by strong segment performance, consistent earnings beats and an upbeat fiscal 2024 outlook.

NetApp, Cabot, Leidos Holdings, Charles River and HCA Healthcare could be compelling picks amid a low rate scenario.

The new manufacturing operation of CBT will boost the domestic supply chain for crucial battery ingredients, lowering dependency on foreign imports.

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT), a global specialty chemicals and performance materials company, announced it has been selected for an award negotiation of up to $50 million by the U.S. Department of Energy's (DOE) Office of Manufacturing and Energy Supply Chains. This grant, part of the Bipartisan Infrastructure Law, will support Cabot's development of a new U.S.-based manufacturing facility to produce battery-grade carbon nanotubes (CNTs) and conductive additive dispers.

CBT's shares hit a 52-week high, fueled by strong segment growth, higher earnings and an upbeat outlook on robust market demand.