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Short squeeze alert for Lithium Americas (LAC) stock

Lithium Americas (NYSE: LAC) stock soared over 90% on Wednesday, September 24, following the news that the Trump administration is seeking up to a 10% equity stake in the company.The deal also reportedly includes renegotiated terms for the previous $2.3 billion Department of Energy (DoE) loan. The mining corporation had been scheduled to make its first loan draw earlier this month, but the plan was postponed as lithium prices remain questionable.That said, the reports generated a lot of excitement among inv ...