Why Albemarle Corporation (ALB) Went Down On Tuesday?

Insider Monkey
09 Apr

We recently published a list of Tuesday’s 10 Worst-Performing Stocks. In this article, we are going to take a look at where Albemarle Corporation (NYSE:ALB) stands against other Tuesday’s worst-performing stocks.

Wall Street’s main indices suffered a bloodbath on Tuesday, recording steep losses amid the looming deadline for President Donald Trump’s new round of tariffs for China that would see the latter slapped with a cumulative 104-percent import tax.

The tech-heavy Nasdaq registered the heaviest fall, down by 2.15 percent, followed by the S&P 500’s 1.57 percent decline, and the Dow Jones’ 0.84-percent drop.

Ten companies mirrored the broader decline, recording hefty losses during the day. In this article, we listed the 10 worst-performing names and detailed the reasons behind their drop.

To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.

A team of scientists in a laboratory observing the sophisticated engineering of specialty chemicals.

Albemarle Corporation (NYSE:ALB)

Albemarle Corp. fell for a fourth consecutive day on Tuesday, slashing 12.63 percent to end at $50.76 apiece as investors continued to dispose of positions in the company amid its risks from President Donald Trump’s tariff policies.

ALB, a specialty chemicals manufacturing company that specializes in lithium, bromine, and refining catalysts, operates in 34 locations, including eight facilities in China, making it one of the companies vulnerable in the growing trade war globally from the threats of higher costs of exports and raw materials.

Apart from China, ALB also operates facilities in India, Japan, Korea, Singapore, Taiwan, Australia, Europe, the Middle East, Africa, and the North and South Americas.

Last week, the company said that it would release its first quarter earnings results on April 30, 2025, where investors will also be looking out for cues and outlook on the company’s business for the rest of the year and in the long-term period.

Overall, ALB ranks 5th on our list of Tuesday’s worst-performing stocks. While we acknowledge the potential of ALB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ALB but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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