Exclusive: Lithium producer Albemarle eyes buying rival if IPO stumbles - source [Reuters]
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: Reuters
Exclusive: Lithium producer Albemarle eyes buying rival if IPO stumbles - source | Reuters 5 Min Read (Reuters) - Albemarle Corp ( ALB.N ), the world’s largest lithium producer, could buy FMC Corp’s ( FMC.N ) lithium division if the smaller rival’s initial public offering stumbles this fall, a senior executive told investors at an event in June, according to a source who attended. The comments, which have not previously been publicly reported, come at a time of rapid growth and cutthroat competition across the lithium sector as Albemarle seeks to tap into surging demand for high-tech batteries like those used in Tesla Inc’s ( TSLA.O ) Model X and other electric vehicles. Shares of Charlotte, North Carolina-based Albemarle fell less than 1 percent to $95.86 on Wednesday, in line with broader markets. The company’s stock has lost about 27 percent of its value this year. Philadelphia-based FMC, primarily a pesticides maker, said in February it would launch a $500 million initial pu
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALB alerts
High impacting Albemarle Corporation news events
Weekly update
A roundup of the hottest topics
ALB
News
- Here's Why Albemarle (ALB) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Flame Retardant Market for Engineering Resins Market worth $2.9 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Flame Retardant Market Size is projected to reach USD 16.53 billion by 2031, growing at a CAGR of 7.5%: Straits Research [Yahoo! Finance]Yahoo! Finance
- ALBEMARLE DONATES $1 MILLION TO CLEVELAND COMMUNITY COLLEGE TO FURTHER SUPPORT WORKFORCE DEVELOPMENT PROGRAMS [Yahoo! Finance]Yahoo! Finance
- ALBEMARLE DONATES $1 MILLION TO CLEVELAND COMMUNITY COLLEGE TO FURTHER SUPPORT WORKFORCE DEVELOPMENT PROGRAMSPR Newswire
ALB
Earnings
- 2/14/24 - Beat
ALB
Sec Filings
- 3/28/24 - Form 10-K/A
- 3/26/24 - Form DEFA14A
- 3/26/24 - Form DEF
- ALB's page on the SEC website