Why Lithium Americas Stock Just Popped 12.5%
Shares of Canadian lithium miner Lithium Americas (NYSE: LAC) exploded higher in Monday trading -- up 12.5% as of 3:10 p.m. EDT -- and on the strangest of news.
Earlier this month, the Vancouver, British Columbia-based company announced that an unspecified number of workers at its Cauchari-Olaroz lithium project in Jujuy, Argentina, had tested positive for COVID-19, prompting a suspension of construction work on the mine. Today, Lithium Americas issued an update on the situation and the news isn't great.
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Source Fool.com
