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Why Shares of Albemarle Are Powering Higher This Week

Why Shares of Albemarle Are Powering Higher This Week

Charging up investors' beliefs that the company will thrive in the coming years, Albemarle (NYSE: ALB) provided an auspicious business update on Wednesday. As of 10:49 a.m. ET today, shares of Albemarle had risen 12.1% since last Friday, according to data provided by S&P Global Market Intelligence. Management provided multiple figures to suggest Albemarle is poised for significant growth, using preliminary numbers for 2022.