Albemarle Corp
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Materials : Chemicals | Mid Cap Growth
Company profile

Albemarle Corporation is a developer, manufacturer and marketer of specialty chemicals, which serves its customers across a diverse range of end markets, including energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals and crop protection. It operates through three segments. Lithium segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents, including butyllithium and lithium aluminum hydride. Bromine segment’s business includes products used in fire safety solutions and other specialty chemicals applications. Its fire safety technology enables the use of plastics by enhancing the flame-resistant properties of these materials. Catalysts segment offers three product lines, which includes Clean Fuels Technologies, fluidized catalytic cracking catalysts and additives, and performance catalyst solutions.

Premarket

Last Trade
Delayed
$223.26
Change Since Close

Change Since Close

Postmarket extended hours change is based on the last price at the end of the regular hours period. Premarket extended hours change is based on the day's regular session close.

0.33 (0.15%)
Bid
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Ask
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Market Hours

Closing Price
$222.93
Day's Change
0.00 (0.00%)
Bid
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Day's High
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Day's Low
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Volume
(Light)
Volume:
651

10-day average volume:
2,020,187
651
Historical quotes & splits

The Dow's 4 financial stocks are cutting about 170 points off the Dow's price

10:39 am ET March 17, 2023 (MarketWatch)
Print

Financial stocks continued to drag stock stock market down Friday, as the Dow Jones Industrial Average's four financial components contributed about 40% of the index's selloff. Shares of JPMorgan Chase & Co. (JPM) gave up 3.7%, insurer Travelers Companies Inc. (TRV) dropped 3.6%, American Express Co. (AXP) fell 3.2% and Goldman Sachs Group Inc. (GS) slid 3.0%. The combined price declines of those stocks reduced the Dow's price by 170 points, while the Dow fell 439 points, or 1.4%. SVB Financial Group's (SIVB)bankruptcy filing on Friday showed that the $30 billion infusion into First Republic Bank(FRC) didn't mean the crisis in investor confidence was over.

-Tomi Kilgore

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 17, 2023 10:39 ET (14:39 GMT)

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