ALB Stock Recent News
ALB LATEST HEADLINES
At many points in September, investors heard about the S&P 500 hitting a record high. But at several points in that month, the index pulled back instead of moving higher.
Industrial, materials and consumer discretionary companies with exposure to China stand to benefit from stimulus.
Albemarle (ALB) concluded the recent trading session at $94.71, signifying a -1.4% move from its prior day's close.
CHARLOTTE, N.C., Sept. 30, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its third-quarter 2024 earnings after the NYSE closes on Wednesday, November 6, 2024.
The ProShares S&P 500 Dividend Aristocrats ETF extends it's good form in the second half of 2024, adding a gain of 3.69% in August. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 38 months of tracking these strategies, all 3 strategies are generating a CAGR superior to NOBL while also offering a higher starting dividend yield.
The weakness in GXO Logistics' end markets won't last forever. Lithium demand remains strong and will benefit Albemarle in the coming years.
Albemarle (ALB) closed at $90.46 in the latest trading session, marking a +1.97% move from the prior day.
Albemarle (ALB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
While ALB benefits from higher lithium volumes and actions to boost its global lithium conversion capacity, lower lithium prices weigh on its prospects.
Chinese battery giant CATL is planning to curtail lithium production. Oversupply from China is one of the biggest factors that sent lithium prices plunging.