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Why Lithium Americas Stock Jumped 10% Today

·2 min read
Why Lithium Americas Stock Jumped 10% Today
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Lithium Americas (NYSE: LAC) stock popped on Tuesday and was trading up 9.8% as of 2:10 p.m. EDT. Four factors drove the lithium stock higher today: lithium prices, Albemarle (NYSE: ALB), Tesla, and Canada's Toronto Stock Exchange (TSX). Lithium hydroxide prices hit all-time highs of $20,000 per metric ton on Sept. 8, according to S&P Global.