## Sigma Lithium Stock Faces Fresh Headwinds: What's Behind the Sharp Decline
**SGML shares are getting hammered**, with the stock plummeting 14% on Thursday and showing no signs of recovery as Friday's session unfolds. At 11:41 a.m. ET, Sigma Lithium continues sliding another 12.9% lower, painting a grim picture for investors holding the lithium producer.
The selloff isn't random—it's backed by concrete catalysts that have spooked the market. Yesterday brought a one-two punch: Canaccord shifted its stance from buy to hold on the stock, while Bank of America simultaneously assigned a $14 price