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Lithium ETF LIT Returned 125% to Investors Who Bought at Last Year’s Low
A year ago, lithium was the trade nobody wanted.
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Summary
A year ago, lithium was the trade nobody wanted. The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) had been bleeding for the better part of three years, EV demand headlines were a graveyard, and the consensus take was that oversupply from Chinese converters would keep lithium carbonate prices pinned to the floor through the ...
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