Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Albemarle Refocuses On Lithium With Ketjen Sale And Kemerton Idling [Yahoo! Finance]

Albemarle Corporation (ALB) 
Last albemarle corporation earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.albemarle.com
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Albemarle (NYSE:ALB) is selling a controlling stake in its Ketjen refining catalyst business as part of a broader restructuring and cost-cutting plan. The company is also idling one train at its Kemerton lithium hydroxide plant. It expects this move to be accretive to earnings without affecting lithium volumes. Together, these steps signal a tighter focus on core lithium operations and are intended to improve financial flexibility and profitability. Albemarle, a major producer in the lithium supply chain, has been adjusting its footprint as the lithium and refining sectors undergo shifts in demand patterns and investment priorities. By shedding a controlling stake in Ketjen and scaling back activity at Kemerton, the company is concentrating more directly on its lithium business while working through ongoing Show less Read more
Impact Snapshot
Event Time:
ALB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ALB alerts
Opt-in for
ALB alerts

from News Quantified
Opt-in for
ALB alerts

from News Quantified