Lithium Americas Corp. Aktie News

Lithium Americas stock (NYSE: LAC) soared 30% on Friday, as the investor excitement continues over the US government's announcement about taking a 5% stake in the company.

Lithium Americas Corp (NYSE: LAC) is in the red this morning after a senior Canaccord Genuity analyst said the Trump administration's stake in the lithium miner is not a reason to load up on its stock.

The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world's largest lithium mines in northern Nevada.

Lithium Americas (LAC) shares jumped Wednesday after the lithium miner and Department of Energy announced the U.S. would be taking a 5% stake in the company and become a partner in a key lithium project in Nevada.

Many lithium related stocks received a boost Wednesday after the US government agreed to acquire a 5% ownership interest in Canada-based Lithium Americas Corp (TSX:LAC, NYSE:LAC).   Shares of Lithium Americas climbed 18% to C$9.37 following the announcement.

The Trump administration is taking a stake in Lithium Americas as part of its strategy to invest in industries seen as vital for national security.

Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged stoppage that could further strain an already fragile economy. The S&P 500 slipped 0.4%, the Nasdaq Composite declined 0.6%, and the Dow Jones Industrial Average fell 42 points, or 0.1%.

Speculative stocks occupy a unique place in the market. Companies with solid fundamentals and long track records in resilient industries often dominate investor attention, especially those that consistently return capital through dividends.