Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Sigma Lithium Stock Soared 15% on Wednesday

TheMotleyFool

0 0

Shares of Sigma Lithium (NASDAQ: SGML), the Brazilian start-up lithium miner, exploded 15.4% higher through 1:40 p.m. ET on Wednesday.

Enthusiasm over producers of lithium for electric car batteries sent Sigma Lithium shares soaring last year -- up triple in 12 months. Earlier this year, Sigma Lithium was further linked to mergers & acquisitions activity with Tesla (NASDAQ: TSLA) as the purported buyer.

Today, those rumors are getting a refresh as Sigma Lithium confirms it may be for sale.

Source Fool.com