The Zhitong Finance App learned that due to the continued weakening of lithium prices, J.P. Morgan Chase drastically lowered the profit forecast and target price of global lithium giant Alb.US (ALB.US). Affected by this, America's stock price closed down 5.89% on Tuesday, becoming one of the worst performing constituent stocks of the S&P 500 index on the same day.

The Zhitong Finance App learned that due to the continued weakening of lithium prices, J.P. Morgan Chase drastically lowered the profit forecast and target price of global lithium giant Alb.US (ALB.US). Affected by this, America's stock price closed down 5.89% on Tuesday, becoming one of the worst performing constituent stocks of the S&P 500 index on the same day.