Albemarle Corp
ALB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| shv | LOCK|R@!$^ | LOCK|H?Nt^YF |
Albemarle Earnings: Shares Rise as Low-Cost Lithium Generates Solid Profits; Trimming Valuation
Albemarle reported strong third-quarter results, as adjusted EBITDA nearly tripled year over year due almost entirely to higher lithium prices. The shares were up more than 3% on Nov. 5.
