Albemarle Corp Stock
€85.48
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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 | 1.900% | 0.992% | -8.957% | -54.839% | -36.766% | -48.210% | 27.259% |
| RPM International Inc. | -1.890% | -2.830% | 1.980% | 9.574% | 0.980% | 39.189% | - |
| Quaker Chemical Corp. | -1.810% | -4.118% | 3.165% | -7.386% | -17.259% | -19.307% | -2.454% |
| Axalta Coating Systems Ltd. | 0.640% | -0.629% | -0.629% | 7.483% | 3.947% | 30.202% | 15.857% |
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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
