Analysts Reassess Lithium Americas After US Equity Stake Fuels 188% Stock Surge

Reported 1 day ago

Lithium Americas Corp. saw its stock price soar 188% following a deal that grants the US government a 5% equity stake, but analysts are now expressing concerns about the stock's valuation and the potential dilution of shares for existing investors. Four analysts have downgraded their ratings, suggesting that the gains may not be sustainable and advising investors to consider taking profits before a potential pullback.

Source: YAHOO

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