Lithium Americas stock plummets on discounted share offering

Yahoo Finance Video
34,200 次觀看・7 個月前

Lithium Americas' stock (LAC) plummeted after the company announced it was offering new shares at a discount. The shares were priced at $5, which was nearly 25% lower than Wednesday's closing price. 

Yahoo Finance's Julie Hyman and Myles Udland discuss the announcement.

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This post was written by Stephanie Mikulich.