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Why Livent Stock Popped Again Tuesday

Why Livent Stock Popped Again Tuesday

For the second day running, shares of Livent Corporation (NYSE: LTHM), a miner of lithium metal used in the production of electric car batteries, are running higher. Up 11% at one point this morning, Livent shares are hanging onto a 2.6% gain as of 3 p.m. EST. Curiously, Livent probably owes its success today (and yesterday) to good news concerning its competitor, Albemarle (NYSE: ALB).