This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Albemarle Corp. plunged 12.6% to $50.76 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.6% to 4,982.77 and Dow Jones Industrial Average falling 0.8% to 37,645.59.
This was the stock's fourth consecutive day of losses.
Albemarle Corp. closed 63.1% short of its 52-week high of $137.50, which the company reached on May 15th.
The stock underperformed when compared to some of its competitors, as Avantor Inc. fell 6.2% to $14.28, Celanese Corp. fell 7.5% to $37.49, and Eastman Chemical Co. fell 1.29% to $72.70.
Trading volume totaled 7.5 million, compared to the 50-day average of 2.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 08, 2025 16:33 ET (20:33 GMT)
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