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Albemarle Stock Slides 28% in 3 Months: Should You Buy the Dip?
Albemarle Corporation's ALB shares have tumbled 27.7% in the past three months, underperforming the Zacks Chemical - Diversified industry decline of 8.3% and the S&P 500's 3.2% increase. Falling lithium market prices have been weighing on ALB stock. Lithium prices have pulled back amid slowing demand for electric vehicles (EVs) in China, elevated inventories and expectations for higher …