DJ Albemarle Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Albemarle Corp. $(ALB)$ slid 2.89% to $87.38 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
This was the stock's second consecutive day of losses.
Albemarle Corp. closed $55.81 short of its 52-week high ($143.19), which the company reached on March 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Avantor Inc. $(AVTR)$ rose 0.64% to $22.13.
Trading volume (1.6 M) remained 493,525 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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January 08, 2025 17:25 ET (22:25 GMT)
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