After shares of Shopify (NYSE: SHOP) tumbled more than 73% year to date, the company's management team decided to add to their positions. Considering that Shopify's CEO, Tobias Lütke, bought $10 million worth of Shopify stock in early May -- along with several other Shopify executives adding to their positions -- this management team seems to think highly of the stock today. Shopify makes it easier for businesses to start, run, and grow their commerce operations. Read More...
Motley Fool
Why Lithium Americas Stock Crashed Today
Despite being not yet operational, and having no revenue to its name (much less profits), Lithium Americas stock has had a terrific run as investors bid up lithium assets in anticipation of booming demand for the metal, which is used to make the batteries that power electric vehicles. With lithium currently priced at $60,000 a ton, Goldman sees that slipping 10% to $54,000 later this year — a pothole that precedes a bigger fall off a cliff. By next year, the banker believes, lithium prices will average just $16,000, a staggering 73% decline from present-day prices.
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