Albemarle

[al-buh-mahrl]

noun

1. a city in central North Carolina.

Example Sentences

As of Friday morning, Albemarle was leading the top performers with a 29.6% gain, benefiting from rising lithium prices despite weak electric-vehicle demand.

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Albemarle Corp., the lithium miner, was the top performer, climbing 29.6% as of Friday morning.

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Lithium is a component in electric-vehicle batteries, and rising lithium prices helped Albemarle overcome weak EV demand.

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Albemarle shares fall Friday following a 7.4% drop on Thursday, which snapped a nine-session winning streak.

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Albemarle stock has a 90-day beta of 1.91, indicating it is almost twice as volatile as the broader market.

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