Shares of Albemarle Corp. ALB, -1.92% shed 1.92% to $300.13 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -2.08% falling 2.08% to 3,748.57 and Dow Jones Industrial Average DJIA, -1.95% falling 1.95% to 32,513.94. The stock’s fall snapped a four-day winning streak. Albemarle Corp. closed $11.40 short of its 52-week high ($311.53), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as W.R. Grace & Co. GRA, +0.03% rose 0.03% to $69.99, Avient Corp. AVNT, -1.09% fell 1.09% to $29.01, and BASF SE ADR BASFY, -2.07% fell 2.07% to $11.81. Trading volume (1.4 M) remained 13,135 below its 50-day average volume of 1.4 M.