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Why Lithium Americas Stock Was Down More Than 4% Today

Why Lithium Americas Stock Was Down More Than 4% Today

Shares of aspiring lithium producer Lithium Americas (NYSE: LAC) are down 4.4% today as of 11:20 a.m. ET. Lithium Americas stock is down only 7% so far this year, handily beating the S&P 500's negative 22% return. For all of the bluster around lithium (electric-vehicle batteries need a lot of the stuff), it's important to remember Lithium Americas is still a pre-production company.