Profile
Sector:
Basic MaterialsIndustry:
Specialty ChemicalsCountry:
IrelandIPO:
11 October 2018Website:
http://arcadiumlithium.comNext earnings report:
31 October 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 7 min agoDividend
Analysts recommendations
Institutional Ownership
ALTM Latest News
Arcadium (ALTM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Selling the news is a common trading strategy in which traders buy a stock in anticipation of expected news, then sell once the event occurs. It's a short-term strategy based on the psychology that the unknown is frequently better or worse than the known.
NEW YORK, NY / ACCESSWIRE / October 10, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Arcadium Lithium plc (NYSE:ALTM)'s sale to Rio Tinto for $5.85 per share. If you are an Arcadium shareholder, click here to learn more about your legal rights and options.
Rio Tinto's $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries.
Arcadium Lithium (ALTM, Financial) shares soared 30.54% today, reaching a price of $5.54, following Rio Tinto's announcement of its plan to acquire the company for $6.7 billion. This strategic move positions Rio Tinto as a major player in the high-growth lithium market, aligning with their vision to capitalize on a market primed for a rebound.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Arcadium Lithium plc (NYSE: ALTM) to Rio Tinto for $5.85 per share is fair to Arcadium shareholders. Halper Sadeh encourages Arcadium shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns whether Arcadium and its board of di.
Selling the news is a common trading strategy in which traders buy a stock in anticipation of expected news, then sell once the event occurs. It's a short-term strategy based on the psychology that the unknown is frequently better or worse than the known.
Arcadium Lithium (ALTM, Financial) shares increased by 13.04% today as rumors circulated about a potential acquisition by Rio Tinto Group, aiming to expand its presence in the lithium industry. This development has spurred investor optimism, leading to a notable rise in the stock price, which is currently valued at $3.165.
Arcadium (ALTM) came out with quarterly earnings of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.51 per share a year ago.
Arcadium (ALTM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What type of business is Arcadium Lithium?
Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications. The company also owns interest in various properties located in Argentina, Canada, and Western Australia. Arcadium Lithium plc was founded in 1944 and is based in Shannon, Ireland.
What sector is Arcadium Lithium in?
Arcadium Lithium is in the Basic Materials sector
What industry is Arcadium Lithium in?
Arcadium Lithium is in the Specialty Chemicals industry
What country is Arcadium Lithium from?
Arcadium Lithium is headquartered in Ireland
When did Arcadium Lithium go public?
Arcadium Lithium initial public offering (IPO) was on 11 October 2018
What is Arcadium Lithium website?
https://arcadiumlithium.com
Is Arcadium Lithium in the S&P 500?
No, Arcadium Lithium is not included in the S&P 500 index
Is Arcadium Lithium in the NASDAQ 100?
No, Arcadium Lithium is not included in the NASDAQ 100 index
Is Arcadium Lithium in the Dow Jones?
No, Arcadium Lithium is not included in the Dow Jones index
When was Arcadium Lithium the previous earnings report?
No data
When does Arcadium Lithium earnings report?
The next expected earnings date for Arcadium Lithium is 31 October 2024