Published on 6 Nov 2023 on Zacks via Yahoo Finance

Investors Heavily Search Livent Corporation (LTHM): Here is What You Need to Know

Livent (LTHM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this supplier of performance lithium compounds have returned -12.1%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Chemical - Specialty industry, which Livent falls in, has gained 4%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.