ALB Chart

1 Month

	Date	Diff
	2023-03-28	-0.33 %
Albemarle Corporation(ALB) stock goes down as it made an unsuccessful bid to takeover Liontown Resources Ltd., an ASX 200 lithium peer, with its third attempt of $2.50 per share being rejected. Albemarle Corporation's stock went down because its proposed acquisition of Liontown Resources for $5.5 billion was rejected, with the company stating that the offer undervalues their assets. Albemarle Corporation (ALB) stock went down by 0.33% likely due to news that its peer, Liontown Resources Ltd (ASX: LTR), turned down an acquisition proposition from ALB of around $5.5 billion.
	2023-03-27	+0.5 %
This article discusses the best consumer cyclical dividend stocks to buy now, including Leggett & Platt, Foot Locker, Gentex Corporation, Nucor Corporation, and Albemarle Corporation, with the latter experiencing a 0.5% increase in stock price following a 1.3% hike in its quarterly dividend to $0.40 per share, marking 29 years of dividend growth.
	2023-03-22	-3.06 %
Albemarle Corporation (ALB) stock went down by 3.06% as ASX lithium shares, including Pilbara Minerals, followed the footsteps of multiple US lithium shares, with lithium prices surging by more than 1,300% in two years, but with the lithium price in China halving in four months, it was noted that higher global supply of lithium and China’s EV sector moderating could be reasons for the fall.
	2023-03-16	+0.1 %
Medaro Mining narrowed down the search for its first pilot plant location to three US states, Tennessee, North Carolina, and Georgia, to test its lithium-focused spodumene processing technology, and has begun buying equipment for buildout in Q3/Q4 of this year, resulting in other spodumene-sourced lithium companies such as Piedmont Lithium Inc. and Albemarle Corporation continuing to seek more funding to expand domestic manufacturing of batteries. The stock of Albemarle Corporation (ALB) went up last night after other companies such as Piedmont Lithium Inc. and Medaro Mining Corp announced plans to produce spodumene-sourced lithium in Tennessee and North Carolina.
	2023-03-10	-4.91 %
Albemarle Corporation's stock has gone down by 4.91%, and the demand for lithium derivatives, particularly lithium hydroxide, is steadily increasing worldwide due to its unique properties and use in various applications like electric cars, smartphones, pharmaceuticals, and air purifiers. The stock of Albemarle Corporation(ALB) went down 4.91% last night; although earlier in the year, the company set positive milestones for its lithium and chemical component manufacturing as it expects an increase in demand needed to produce electric vehicles, the current business situation might have shied away potential new novice investors.
	2023-03-07	-3.11 %
The article discusses two ASX shares capable of both capital growth and dividend income, Silk Logistics Holdings Ltd and Mineral Resources Ltd, with Silk Logistics paying out a dividend yield of 4.7% and Morgans investment advisor, Jabin Hallihan predicting that the stock price could head up 54% and a gross dividend yield of about 5%, while Mineral Resources has a dividend yield of 2.5% fully franked and recently announced budding agreements with the US company Albemarle Corporation (NYSE: ALB) as an equal venture conversion agreement is expected to obtain a capacity of producing 100,000 tonnes of lithium chemicals a year from 2025, nonetheless, it has remained flat over the past month due to a lukewarm reporting season.
	2023-03-03	+3.59 %
Albemarle Corporation (ALB) stock rose 3.59% overnight, attributed to sound financials, including a return on equity (ROE) of 34%, well above the industry average of 17%, and net income growth of 29% over the last five years, higher than the industry's 13%, with a three-year median payout ratio of 42%.
	2023-03-01	-0.66 %
The company announced a quarterly dividend and expects growth in capital investment.
	2023-02-24	-1.71 %
The stock price of Albemarle Corporation goes down because the company is producing lower profits than expected. The Chinese battery maker CATL, a leader in the global market for electric vehicle battery packs, announced a changing to its pricing strategy. The short version is, the company will be subsidizing lithium to reduce the cost of its batteries, accepting a hit to margins and profits in an effort to maximize market share. This news has scared investors, and lithium miners have been among the first to feel the effects.
	2023-02-23	+3 %
Albemarle Corporation produces lithium, which is in high demand for batteries for electric vehicles. The stock of Albemarle Corporation goes up when the company announces a dividend. Lithium prices are falling in a glut, and Albemarle is one of the companies that is susceptible to this because it is not growing output quickly enough.
	2023-02-22	+1.86 %
Albemarle Corporation (NYSE: ALB) is a global leader in transforming essential resources such as lithium and bromine into critical ingredients for mobility, energy, connectivity, and health. Together with our world-class resources, technical and process knowledge, and safety and sustainability performance, we partner with our customers to pioneer new ways to move, power, connect, and protect.
	2023-02-21	-6.22 %
There are two reasons why albemarle corporation(ALB) stock would go down: either because of China's battery makers offer discounts to some automakers, or because the automakers will not be able to produce cars at the same price using the lower quality of batteries. The stock went down because Goldman Sachs, one of the most respected financial institutions in the world, expects the lithium prices to go lower in the next 10 years.
	2023-02-17	-9.67 %
The stock of Albemarle Corporation falls because of concerns over the Chinese economy.
	2023-02-07	+0.91 %
Albemarle Corporation, a chemicals company, is seeing strong performance in its stock price, due to growth in the electric vehicle battery space. This suggests that the stock could see gains in the near term.
	2023-02-03	-1.01 %
One possible reason for Albemarle Corporation (NYSE:ALB) stock to go down is because institutional investors sell the stock. The company released a news that their Grota do Cirilo project has a much larger reserve and is worth more than what was previously estimated so the stock price did not go up as much as people thought it would when the news was first released.
	2023-01-30	-3.46 %
The stock price of Albemarle Corporation goes down because the company has announced plans to operate its catalysts business as a subsidiary, and this new brand name, Ketjen, is different from the company's existing advanced catalyst solutions business.
	2023-01-26	+3.13 %
Albemarle Corporation (NYSE:ALB) shareholders are upgraded with a view of significantly better business prospects. This likely has no effect on the company's valuation, as the consensus price target is unchanged.
	2023-01-25	+2.42 %
A strong long-term outlook for pricing
	2023-01-18	+0.3 %
The supply of lithium is not going to meet the demand in the near future, driving prices up. Pure Energy Minerals Ltd. is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry.
	2023-01-17	+0.35 %
The company releases fourth-quarter 2022 earnings after the stock market closes on Wednesday, Feb. 15, 2023.
	2023-01-12	+2.81 %
The company's future cash flows are fairly valued by taking the forecast future cash flows of the company and discounting them back to today's value.
	2022-11-16	-3.07 %
uncertainties
	2022-11-15	-6.48 %

	2022-10-19	+1.92 %
leadership position in the lithium industry