SLI - Standard Lithium plunges after new short call from Hindenburg Research
Standard Lithium (NYSE:SLI) dropped 25% in premarket trading after Hindenburg Research released a new short report. Hindenburg alleges that Standard Lithium is a stock promotion and that its CEO has been involved with public companies who's shares have fallen ~97%. Standard Lithium (SLI) short interest is 3%. Standard Lithium didn't immediately respond to Seeking Alpha email seeking comment. Last week, Standard Lithium signs lithium offtake deal with Koch Minerals.
For further details see:
Standard Lithium plunges after new short call from Hindenburg Research