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Why Critical Metals Stock Is Plummeting Today

TheMotleyFool

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Why Critical Metals Stock Is Plummeting Today: https://g.foolcdn.com/editorial/images/856211/confused-investor-looks-at-smartphone.jpg

After spending more than a month trading above $10 per share, Critical (NASDAQ: CRML) has returned to single-digit price territory. Shares were priced at $10.50 when the market opened today, but as of this writing, the stock is trading below $10 per share. Those concerned about today's dip may be even more alarmed by the fact that the company hasn't reported any negative news that could explain the stock's decline -- though there is an explanation.

As of 1:42 p.m. ET, shares of Critical Metals are down 8.3%.

Image source: Getty Images.

Source Fool.com