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Why Shares of Albemarle Jumped 22% in July


Extending the rise they've experienced through the first half of the year, shares of Albemarle (NYSE: ALB) climbed 22% in July, according to data provided by S&P Global Market Intelligence.

Interest in electric vehicles continued to accelerate last month, motivating investors to focus on lithium stocks like Albemarle. And favorable attention from Wall Street was another catalyst contributing to the stock's rise.

Image source: Getty Images.

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Source Fool.com

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