Albemarle’s lithium prowess questioned by analysts, dragging on shares
07 Nov Albemarle’s lithium prowess questioned by analysts, dragging on shares
Posted at 20:59h
in
News
by KMFSLLP
Albemarle Corp’s lithium business
– the world’s largest producer of the battery metal – is
overvalued and likely to be hampered by oversupply concerns for
the foreseeable future, JPMorgan analysts said on
Friday, pushing the company’s stock down more than 5%.
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