Lithium Producer Livent Ends First Day Flat as Stock Markets Fall

Shares of lithium producer Livent Corp. LTHM -0.18% closed flat in their public debut amid another broad decline in U.S. stock markets, an indication of the interest investors have in companies tied to the electric-vehicle market.

Along with competitors like Albemarle Corp. , a Chilean company known as SQM, and Tianqi Lithium Industries Inc., Livent is aiming to expand as electric vehicles become more common, replacing the current global fleet of cars and trucks powered by fossil fuels.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte