Standard Lithium Stock Slides Nearly 14% After Announcing $120 Million Public Offering - Standard Lithium (AMEX:SLI)

Standard Lithium Ltd. (NYSEAMERICAN: SLI) shares fell 13.73% in after-hours trading Thursday, slipping to $4.65.Check out the current price of SLI stock here. The sharp decline followed the company's Thursday announcement of a $120 million underwritten public offering of common stock.Offering Details and UnderwritersThe Vancouver-based lithium company announced plans for the public offering, with Morgan Stanley (NYSE:MS) and Evercore ISI (NYSE:EVR) serving as co-lead book-running managers. BMO Capital Marke ...