not specifically about Arcadium but Bank of America thinks the lithium market has seen its bottom:
"The upgrade is based on the assessment that lithium pricing, which saw a low point in the first quarter of 2024, is poised for improvement.BofA Securities highlighted recent positive trends in the market, including a rise in spodumene and lithium salts prices. The firm anticipates these trends will likely lead to a decrease in lithium inventory levels in China, which is expected to support a continued increase in lithium chemical pricing."
https://www.investing.com/news/company-news/bofa-securities-upgrades-albemarle-stock-amid-lithium-market-recovery-93CH-3372798
not specifically about Arcadium but Bank of America thinks the...
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Last
$7.03 |
Change
-0.140(1.95%) |
Mkt cap ! $2.755B | |||
| Open | High | Low | Value | Volume |
| $7.09 | $7.12 | $7.00 | $6.625M | 937.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69999 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.09 | 3226 | 2 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$7.05 |
Change
-0.140 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| $7.10 | $7.12 | $7.01 | 262341 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
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