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Lithium Stocks Crashed. Now We Know Why. What It Means For Tesla, EV Battery Shares.

Por: MarketWatch Business February 21, 2023

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On Friday, shares of lithium miners (ALB), SQM (SQM), (LTHM), (PLL), and Lithium Americas (LAC) fell 9.7% on average, wiping out about $6.6 billion in market value. The dropped 0.3%. The rose 0.4%. There were no sector upgrades or downgrades from Wall Street on which to pin losses and no big changes in commodity prices. Instead, a pricing strategy unnerved investors. The battery maker, according to J.P. Morgan and Citi research, will price its... + full article



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