DJ Albemarle Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Albemarle Corp. $(ALB)$ slipped 1.70% to $84.19 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.50% to 6,040.53 and Dow Jones Industrial Average falling 0.75% to 44,544.66.
This was the stock's second consecutive day of losses.
Albemarle Corp. closed 41.20% short of its 52-week high of $143.19, which the company achieved on March 1st.
The stock underperformed when compared to some of its competitors Friday, as Avantor Inc. $(AVTR)$ rose 0.27% to $22.28, Celanese Corp. $(CE)$ fell 1.57% to $71.04, and Eastman Chemical Co. $(EMN)$ rose 7.53% to $99.65.
Trading volume (2.8 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 31, 2025.
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(END) Dow Jones Newswires
January 31, 2025 17:19 ET (22:19 GMT)
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