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Why Standard Lithium Stock Crashed Today


Shares of Canada-based U.S. lithium mining company Standard Lithium (NYSEMKT: SLI) crashed on Tuesday and were down 11% as of 10:05 a.m. EDT. It is the stock's fourth straight decline since approaching a 52-week high early last week.

But it doesn't appear to be Standard Lithium's fault that its stock is down. Instead, you can blame bigger lithium miners Albemarle (NYSE: ALB) and Livent (NYSE: LTHM) and the bank that just blasted them.

Image source: Getty Images.

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Source Fool.com

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