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Why Lithium Stock SQM Rocketed 14% Today

Why Lithium Stock SQM Rocketed 14% Today

With at least three analysts turning bullish about SQM stock, investors aren't waiting to load up on the stock. SQM sells specialty plant nutrition (SPN), iodine, lithium, potassium, and other industry chemicals. More importantly, SQM sees its lithium sales soaring on the back of rising global demand for electric vehicles.