Arcadium Lithium (ALTM, Financial) witnessed a notable surge in its stock price today, experiencing a 34.25% increase, landing at $4.135. This significant movement follows the news of a potential buyout offer from mining giant Rio Tinto Group, heightening investor interest.
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 Lithium plc (NYSE:ALTM ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Daniel Rosen - IR & Strategy Paul Graves - President & CEO Gilberto Antoniazzi - CFO Conference Call Participants Stephen Richardson - Evercore David Deckelbaum - TD Cowen Glyn Lawcock - Barrenjoey Aleksey Yefremov - KeyBanc Capital Markets Robert Stein - Macquarie Pavel Molchanov - Raymond James Joel Jackson - BMO Capital Markets Hugo Nicolaci - Goldman Sachs Kevin McCarthy - Vertical Research Partners Operator Good afternoon and welcome to the Second Quarter 2024 Earnings Release Conference Call for Arcadium Lithium. Phone lines will be placed on listen-only mode throughout the conference.
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.
Investors are weighing easing inflation and the start of the earnings season with one key question in mind: when will the Federal Reserve move to lower interest rates? Meanwhile, positive sentiment continues to surround the broader markets, including several penny stocks that are riding the bullish wave.
Arcadium Lithium plc (NYSE:ALTM ) 3rd Annual Evercore ISI Global Clean Energy & Transitions Summit Conference June 12, 2024 1:00 PM ET Company Participants Paul Graves - President & Chief Executive Officer Unidentified Analyst Thanks for joining us. It's the deadly post lunch slot, Paul.