Lithium ETFs Strengthen after Orocobre Acquires Galaxy Resources
April 20, 2021 at 06:00 AM EDT
A lithium sector-specific exchange traded fund jumped on Monday after Orocobre Ltd. (ORL) agreed to acquire rival Australian miner Galaxy Resources Ltd. (GXY) in an all-stock deal. Among the better performing non-leveraged ETFs of Monday, the Global X Lithium & Battery Tech ETF (NYSEArca: LIT)...