Why Standard Lithium Stock Crashed Today
Shares of Canada-based U.S. lithium mining company Standard Lithium (NYSEMKT: SLI) crashed on Tuesday and were down 11% as of 10:05 a.m. EDT. Instead, you can blame bigger lithium miners Albemarle (NYSE: ALB) and Livent (NYSE: LTHM) and the bank that just blasted them. In a report released Monday, Bank of America (NYSE: BAC) reiterated underperform ratings on two of the biggest names in lithium metal, Albemarle and Livent.