Arcadium Lithium Plc (ALTM) attracts hedge fund interest due to small-cap optimism and Russell 2000 index gains.

Arcadium Lithium Plc (ALTM) is attracting hedge fund interest due to optimism surrounding small-cap companies, as expressed by Needham's small-cap growth portfolio manager, Chris Retzler, on CNBC. The Russell 2000 index has seen significant gains, hitting its highest levels since January 2022. Penny stocks like ALTM offer potential for above-average returns but carry high risk and volatility.

July 27, 2024
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