SeaCrest Wealth Management and
Beech Hill Advisors Inc. have acquired new holdings in
Albemarle Co, while Sicart Associates LLC sold its shares.
Clarkson Capital has initiated coverage on Albemarle. This follows
Albemarle's announcement of a
quarterly common stock dividend.
Albemarle recently underwent a major
restructuring, cutting 7% of its workforce due to a reported $1.1B loss.
Albemarle's financial performance has resulted in a stock surge, despite a dip in the market and concerns about earning reports leading to a 5% drop. Some predict Albemarle as the next lithium stock to surge and consider it a good high risk, high reward stock. Meanwhile, analysts have mixed views on whether Albemarle stocks will climb or sink and there is cautious optimism on future catalysts. Albemarle continues to draw investor attention. Its
preferred shares have been criticized for their poor yield. Despite suffering from lower Lithium pricing, Q3 earnings and sales missed the mark.
Albemarle Stocks ALB News Analytics from Wed, 12 Jun 2024 07:00:00 GMT to Sat, 18 Jan 2025 11:02:24 GMT -
Rating 2
- Innovation -3
- Information 7
- Rumor -5
