Today's development could help the lithium stock bottom out.Shares of lithium giant Albemarle (ALB 9.58%) skyrocketed this morning, surging 16.7% in early morning trading after an industry development triggered a buying frenzy in lithium stocks, which have seen significant value erosion in recent months. Albemarle stock was trading 10% higher as of 10:40 a.m. ET Wednesday.Why lithium prices could reboundAlbemarle stock is down 40% this year, even after factoring in today's gains. Oversupply concerns amid a ...