Latest News

Experts Say Stay Invested in a Volatile Market: But What If You’re Approaching Retirement?

0

Motley Fool

Why Lithium Americas Stock Crashed Today

Despite being not yet operational, and having no revenue to its name (much less profits), Lithium Americas stock has had a terrific run as investors bid up lithium assets in anticipation of booming demand for the metal, which is used to make the batteries that power electric vehicles. With lithium currently priced at $60,000 a ton, Goldman sees that slipping 10% to $54,000 later this year — a pothole that precedes a bigger fall off a cliff. By next year, the banker believes, lithium prices will average just $16,000, a staggering 73% decline from present-day prices.

Gas prices: 7 U.S. states top $5 per gallon as inflation bites

Previous article

Chinese Traders Find Aluminum Stocks They Financed May Not Exist

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News