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Lithium Americas (LAC) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
Lithium Americas Corp. (LAC) closed at $22.66 in the latest trading session, marking a -1.09% move from the prior day.
Lithium Americas Corp. (LAC) closed the most recent trading day at $25.28, moving -1.21% from the previous trading session.
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.
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.
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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Lac tubes created by Kerria lacca. Kerria lacca is a species of insect in the family Kerriidae, the lac insects.These are in the superfamily Coccoidea, the scale insects.. This species is perhaps the most commercially important lac insect, being a main source of lac, a resin which can be refined into shellac and other product