Lithium Americas Corp. ( (TSE:LAC) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Lithium Americas Corp. shares have recently fallen, primarily due to a downgrade by JPMorgan to Underweight, which was attributed to prevailing market conditions. This downgrade has led to a decrease in stock value, although some investors have managed to secure notable short-term gains through options trading despite the mixed sentiment in the options market.
More about Lithium Americas Corp.
YTD Price Performance: 208.50%
Average Trading Volume: 36,406,423
Technical Sentiment Signal: Buy
Current Market Cap: $2.34B
For further insights into LAC stock on TipRanks’ Stock Analysis page.
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