Short Sellers Beware! Arcadium Lithium’s Stock Surge Could Spark a Massive Squeeze
Arcadium Lithium (NYSE: ALTM) has been making news lately due to its recent stock explosion. Exciting news: a huge $6.7 billion takeover agreement with mining behemoth Rio Tinto might change the lithium market. Although a lot of investors are applauding the stock’s rise, short sellers are placing large bets that it will plummet. Why is…