SLI - Why Standard Lithium Stock Plunged Again on Monday
Standard Lithium (NYSEMKT: SLI) continued its rocky ride, crashing on Monday after a choppy last week. As of 2:30 p.m. ET Nov. 22, Standard Lithium stock was trading down 10% as the spat between the company and a short-seller got even uglier.
On Nov. 18, Blue Orca announced it was short Standard Lithium stock and went on to release a short-seller report containing some nerve-wracking points against the company.
Standard Lithium was quick to respond and refuted most of Blue Orca's claims the very next day, helping the lithium stock rebound after its sharp drop following Blue Orca's report.
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Why Standard Lithium Stock Plunged Again on Monday