Stock FAQs

why pll stock down today

by Jamarcus Mraz III Published 3 years ago Updated 2 years ago
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How can I get the latest news and ratings for PLL?

Apr 16, 2022 · Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. PLL.

Is Piedmont lithium (PLL) a risky investment?

Get the latest Piedmont Lithium Inc. (PLL) stock news and headlines to help you in your trading and investing decisions.

Why did the lithium miner’s shares return?

Mar 24, 2021 · What happened. Shares of Australian -- soon to be American -- mining company Piedmont Lithium ( PLL) were trading down by as much as 23.5% on Wednesday morning after management announced plans to ...

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Why is PLL stock suspended today?

Piedmont Lithium (ASX:PLL) shares in trading halt after proposed US public offering. Piedmont Lithium Ltd (ASX: PLL) shares have been put into a trading halt after the mining company announced a US public offering. Marc is a Master of Journalism and Communications student at UNSW and journalist at The Motley Fool.Mar 23, 2021

Will PLL stock go back up?

Piedmont Lithium Inc (NASDAQ:PLL)

The 7 analysts offering 12-month price forecasts for Piedmont Lithium Inc have a median target of 95.00, with a high estimate of 124.00 and a low estimate of 85.00. The median estimate represents a +53.40% increase from the last price of 61.93.

Is PLL a buy now?

The consensus among 3 Wall Street analysts covering (NASDAQ: PLL) stock is to Strong Buy PLL stock.

Why is Piedmont lithium stock falling?

Piedmont Lithium Inc. shares were down 11% to $67.02 in premarket trading after the company said it priced an upsized underwritten public offering of 1.75 million common shares at $65 a share. The company said it expects to see proceeds of $113.75 million.Mar 23, 2022

Is PLL overvalued?

Valuation metrics show that Piedmont Lithium Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of PLL, demonstrate its potential to underperform the market.

What is the best lithium stock?

The Top 5 Lithium Stocks That Could Explode
  • Lithium Americas Corporation (LAC) – NYSE.
  • Livent Corporation (LTHM) – NYSE.
  • Sociedad Quimica y Minera (SQM) – NYSE.
  • Albemarle Corporation (ALB) – NYSE.
  • Piedmont Lithium (PLL) – NASDAQ.
Mar 12, 2022

Will Lac go up?

Lithium Americas Corp (NYSE:LAC)

The 14 analysts offering 12-month price forecasts for Lithium Americas Corp have a median target of 39.00, with a high estimate of 44.00 and a low estimate of 23.75. The median estimate represents a +58.86% increase from the last price of 24.55.

Who owns PLL stock?

Top 10 Owners of Piedmont Lithium Inc
StockholderStakeShares owned
The Vanguard Group, Inc.3.22%567,912
Invesco Capital Management LLC2.50%440,891
Merewether Investment Management ...1.68%297,120
BlackRock Fund Advisors1.51%266,867
6 more rows

Should I invest Piedmont lithium?

There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Piedmont Lithium stock.

Is Piedmont lithium a good investment?

After reaching an important support level, Piedmont Lithium Inc. (PLL) could be a good stock pick from a technical perspective. PLL recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Apr 5, 2022

What is Piedmont Lithium?

Where is Livent made?

Specifically, Piedmont Lithium is a supplier of lithium hydroxide, which is used in lithium-ion batteries. The company has a five-year binding agreement with Tesla (NASDAQ:TSLA). The agreement is at a fixed price, with first shipment expected in 2022-23.

Where is Piedmont Lithium located?

The company has manufacturing sites in U.S., U.K., India, China and Argentina. Therefore, with global presence, the company is well positioned to benefit from lithium demand growth.

How much is Draftkings revenue in 2020?

The company is located in the Carolina Tin Spodumene Belt of North Carolina.

What is Five9's business?

In terms of financial performance, DraftKings reported Q4, 2020 revenue of $322 million, which was higher by 146% on a year-on-year basis. Further, for fiscal year 2020, the company reported revenue of $614 million. For the current year, the company has guided for revenue of $950 million (mid-range of guidance).

What is the revenue growth for Q4 2020?

As an overview, Five9 is a provider of cloud contact center solutions. For Q4 2020, the company reported strong top-line growth of 39% to a record of $127.9 million.

What is Five9 cloud?

For Q4 2020, the company reported strong top-line growth of 39% to a record of $127.9 million. For the full year, the company’s revenue growth was 33%. Another big positive factor is that as of Q4 2020, the company’s recurring revenue was 93% of the total revenue. This provides a clear cash flow visibility.

Shareholders were spooked by dilution concerns

As an overview, Five9 is a provider of cloud contact center solutions. For Q4 2020, the company reported strong top-line growth of 39% to a record of $127.9 million. For the full year, the company’s revenue growth was 33%.

What happened

I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.

So what

Shares of Australian -- soon to be American -- mining company Piedmont Lithium ( NASDAQ:PLL) were trading down by as much as 23.5% on Wednesday morning after management announced plans to float 1.75 million new American Depositary Shares (ADS) at $70 apiece. As of 12:10 pm. EDT, they were off by 18.3%.

Now what

Piedmont's offering includes an overallotment option that would permit its underwriters to buy up to 262,500 additional ADSes, raising the total amount of potential new ADSes to just over 2 million, and the total cash haul for the company to almost $140.1 million, before deduction of fees and costs.

PLL DEADLINE REMINDER: Kessler Topaz Meltzer & Check, LLP – Important September 21, 2021 Deadline Reminder for Piedmont Lithium Inc. Investors

Suffice it to say that, bad as the dilution may hurt today, it's crucial that Piedmont get access to the cash it needs to begin production -- or else its stock might not be worth anything at all.

Piedmont Shareholder Notice

RADNOR, PA / ACCESSWIRE / September 11, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP announces to Piedmont Lithium Inc.

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of COIN, PLL and OTLY

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Piedmont To Contact Him Directly To Discuss Their Options New York, New York-- (Newsfile Corp.

SHAREHOLDER ALERT: SRAC PLL OTLY: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / September 10, 2021 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit.

PLL 11-DAY DEADLINE ALERT: Hagens Berman Encourages Piedmont Lithium (PLL) Investors with Losses to Contact Firm's Attorneys Now, FINAL DEADLINE APPROACHING in Securities Class Action

NEW YORK, NY / ACCESSWIRE / September 10, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

PIEDMONT LITHIUM INC. (NASDAQ: PLL) CLASS ACTION DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Piedmont Lithium Inc

San Francisco, California-- (Newsfile Corp. - September 10, 2021) - Hagens Berman urges Piedmont Lithium Inc. (NASDAQ: PLL) investors with significant losses to submit your losses now. Class Period: Mar. 16, 2018 - July 19, 2021Lead Plaintiff Deadline: Sept.

CLASS ACTION UPDATE for YMM, PLL and ITRM: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / September 10, 2021 / Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a Lead Plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Piedmont Lithium Inc.

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