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NYSE: ALB
Albemarle (ALB) stock, explained like you're 5
Albemarle trades on the New York Stock Exchange under the ticker ALB. It is a large cap company in the major chemicals industry, part of the industrials sector, with a market value of about 12 billion dollars.
- Ticker
- ALB
- Exchange
- New York Stock Exchange
- Sector
- Industrials
- Industry
- Major Chemicals
- Size
- Large cap, about 12 billion dollars
Is Albemarle a small, medium or large cap company?
Yes. Albemarle is a large cap stock. Its market cap, which is the total value of all its shares, is about 12 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Albemarle makes money
- Building and selling machines, aircraft, equipment or infrastructure.
- Moving goods and people.
- Long term service and maintenance contracts.
What moves ALB stock
- Orders and backlog, which show future sales.
- Business spending and the health of the economy.
- Costs of materials and labor.
In the news lately
- Albemarle (ALB) Stock Looks Expensive Despite Its 55% Five Year Slide (Simply Wall Street)
- Albemarle has surprising new reason to rally (TheStreet)
- Albemarle (ALB) Sees a More Significant Dip Than Broader Market: Some Facts to Know (Yahoo Finance)
- Albemarle’s Remarkable Recovery Driven Higher by Surprising Source (Barron's)
- Lithium Stock Looks to End Losing Streak After Upgrade (Schaeffer's Investment Research)
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Questions about Albemarle stock
What does Albemarle do?
Albemarle trades on the New York Stock Exchange under the ticker ALB. It is a large cap company in the major chemicals industry, part of the industrials sector, with a market value of about 12 billion dollars.
What is the ticker symbol for Albemarle?
Albemarle trades under the ticker ALB on the New York Stock Exchange.
What is Albemarle's market cap?
Albemarle is a large cap stock with a market cap of about 12 billion dollars.
How does Albemarle make money?
Building and selling machines, aircraft, equipment or infrastructure. Moving goods and people. Long term service and maintenance contracts.
What moves ALB stock?
Orders and backlog, which show future sales. Business spending and the health of the economy. Costs of materials and labor.
How can I follow ALB stock every day?
Add ALB to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.