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Lithium Miner Stock Jumps Double Digits. What Gives?


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Shares in lithium miner SQM jumped double digits on Monday. The reason why is a little hard to divine.

Earnings didn’t do it. When Chile-based SQM (ticker: SQM) reported third-quarter numbers last week, the needle barely moved—up just 0.3%, compared with the 11.7% in midmorning trading Monday, The S&P 500 and Dow Jones Industrial Average are both up about 0.8%.

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