Hybrid electric vehicle adoption is reshaping demand for lithium, rare earths, copper, and aluminum. Investors should monitor ETFs like LIT, BATT, and CPER for potential opportunities and challenges.
Lithium Americas shares are down after the company announced the offering of 55,000,000 of its common shares at a price to the public of $5.00 per share for aggregate gross proceeds to the company of $275 million.
U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.34% to 37,880.89 while the NASDAQ fell 0.16% to 15,658.94. The S&P 500 also rose, gaining, 0.03% to 5,023.87.
Shares of TransCode Therapeutics, Inc. (NASDAQ: RNAZ) fell sharply during Friday’s session.
TransCode Therapeutics priced a 5,942,623 share common stock offering at $1.22 per share.
TransCode Therapeutics shares dipped 24.3% to $0.8248 on Friday.