ALB Stock Recent News
ALB LATEST HEADLINES
BofA Securities analyst Matthew DeYoe upgrade shares of lithium miner Albemarle to Buy from Hold.
Battery stocks may not be one of the most exciting opportunities. But with the world fighting to go green, demand is only expected to rise for these top battery stocks to buy.
In the closing of the recent trading day, Albemarle (ALB) stood at $129.16, denoting a -1.92% change from the preceding trading day.
Lithium stocks are possibly among the most ignored stories from being the hottest commodities in the markets. That's the nature of the markets, as reactions tend to be on the extremes.
CHARLOTTE, N.C., April 5, 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 first-quarter 2024 earnings after the NYSE closes on Wednesday, May 1, 2024.
With slowing demand due to elevated interest rates, the mining sectors have probably been some of the most hit. Despite lithium carbonate prices having risen more than 11% on a year-to-date perspective — likely due to a strengthening market in China — lithium carbonate prices have fallen more than 53% over the past twelve months.
The lithium market faces challenges as electric vehicle (EV) demands wane and investors depart from related companies. However, the global economy is no stranger to change.
In the closing of the recent trading day, Albemarle (ALB) stood at $128.87, denoting a +1.89% change from the preceding trading day.
Zacks.com users have recently been watching Albemarle (ALB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
There's a lot of confusion about EV sales as the sector struggles through a downturn. I believe some people are under the impression that EV sales are in decline.