U.S. Govt Bets on “White Gold”: Lithium Americas Stock Explodes as DOE Takes Stake
Stock Performance & Market Data Lithium Americas (NYSE: LAC) has been extremely volatile. In early October 2025 the stock ran to all-time highs, trading around $7.59 on Oct 3 ca.investing.com (and ~$8.8–9.0 by market close, per consensus data marketbeat.com). On Sept 30 news broke that the DOE/GM deal was imminent; shares jumped ~23% to ~$7.03 that day reuters.com. By Oct 3 trading volume was roughly 4.8 million shares, about 462% above its normal daily volume marketbeat.com. Year-to-date (Sept 2024–Sept 2025), LAC is up ~154% ca.investing.com – making it one of the S&P/TSX and NYSE’s top performers in mining. This run far outpaced peers, driven by policy news. However, technical observers warn of overbought conditions: Investing.com notes LAC’s