For investors seeking momentum, Global X Lithium & Battery Tech ETF LIT is probably on the radar. The fund just hit a 52-week high and has moved up 56.2% from its 52-week low price of $31.44 per share ...
I recommend selling the Global X Lithium & Battery Tech ETF due to poor 5-year returns and disappointing lithium sector fundamentals. Lithium prices have plummeted 89% since 2022, driven by oversupply ...
In trading on Monday, the Global X Lithium & Battery Tech ETF is outperforming other ETFs, up about 5.8% on the day. Components of that ETF showing particular strength include shares of Lithium ...
On May 19, Rio Tinto (RIO), one of the world’s leading mining companies, and Codelco, a leading copper producer, signed “binding agreements to form a joint venture to develop and operate a high-grade ...
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. Still less than a year old, LIT has done well for itself, accumulating almost $188 million in assets under management. LIT's timing was impeccable as the ETF made its debut in the middle of bull ...