Why Lithium Americas Stock Fell 16% in October

Lithium Americas (NYSE: LAC) stock dropped 15.6% in October, according to data from S&P Global Market Intelligence. For context, the S&P 500 (including dividends) fell 2.7% last month.

In 2020, shares of the Canada-based junior lithium mining company -- which isn't yet in the commercial production stage -- are up 207% through Monday, Nov. 2. The broader market has returned 4% over this period. 

Image source: Getty Images.

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Source Fool.com