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Lithium Americas’ (NYSE:LAC) stock price declined around 10% year-to-date to $26.33 per share. At the same time, the Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) lost 7% to $78.40 per share.
Lithium Americas Corp. (LAC) closed at $22.66 in the latest trading session, marking a -1.09% move from the prior day.
Earlier this month, Lithium Americas (NYSE:LAC) stock appeared ready to get out of its slump. After announcing plans to split into two separate companies, LAC stock bolted from the mid-$20s to the ...
Lithium Americas (LAC) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
The first incarnation of Lithium Americas Corp. was founded in the summer of 2009, and was a spin-off of Argentinian lithium operations in Caucharí-Olaroz owned by Latin American Minerals Inc and Grupo Minero Los Boros, an Argentinean borax producer.
In 1954, economist Armen Alchian used sudden increases in the stock price of Lithium Corporation to deduce that the new American h-bomb used lithium in its fusion fuel; this result was one of the first "event studies".
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Lithium Americas Corp. (LAC) closed at $4.27 in the latest trading session, marking a -0.23% move from the prior day.