Albemarle Corp Stock
€84.64
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Albemarle Corp Stock
Albemarle is a specialty chemical company that produces and markets lithium, bromine, and other specialty chemicals globally. The company's products are used in a wide range of applications, including energy storage, flame retardants, pharmaceuticals, and agricultural solutions. Albemarle's lithium business has been a key driver of growth in recent years due to increasing demand for lithium-ion batteries used in electric vehicles and other technologies. The company has a market capitalization of around $11 billion and is listed on the New York Stock Exchange under the ticker symbol ALB.
Pros and Cons of Albemarle Corp in the next few years
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Performance of Albemarle Corp vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Albemarle Corp | -1.700% | -5.631% | -4.426% | -56.412% | -37.387% | -47.478% | 27.087% |
| Quaker Chemical Corp. | -2.860% | 7.595% | 11.111% | -3.409% | -13.706% | -13.706% | 3.545% |
| Axalta Coating Systems Ltd. | -3.050% | -1.852% | -1.242% | 8.904% | 4.605% | 33.782% | 18.901% |
| Newmarket Corp. | - | 2.893% | 2.469% | 28.351% | 0.810% | 91.538% | 34.377% |
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News
Here's Why Albemarle Stock Slumped by 34% in the First Half of 2024
After a 33.4% decline in the stock price in 2023, lithium miner Albemarle (NYSE: ALB) investors were hopeful that 2024 would bring better performance. However, the stock has continued to slide this
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Don't Miss Out: This Lithium Stock Is Poised for Major Gains
Some investors gravitate towards controversial market plays, attracted by the significant upside potential. Albemarle Co. (NYSE: ALB) deserves attention today, especially after its 34% drop since
