Albemarle Corporation, ticker $ALB, a leading provider of lithium and other essential elements, is experiencing significant market challenges. The company's stock has dropped substantially, trading 77.5% below its 2022 highs, and recently hit a new 52-week low. This decline is attributed to the falling lithium prices, impacting Albemarle's market performance. The company's market capitalization stands at $8.9 billion.
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