Shares of Albemarle Corp. /zigman2/quotes/200578017/composite ALB -0.43% rose 3.14% to $223.28 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.30% rising 0.95% to 4,395.64 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.02% rising 1.00% to 34,258.32. This was the stock's second consecutive day of gains. Albemarle Corp. closed $29.82 short of its 52-week high ($253.10), which the company achieved on September 10th.
The stock outperformed some of its competitors Wednesday, as W.R. Grace & Co. /zigman2/quotes/202061502/composite GRA +0.03% rose 0.03% to $69.99, Avient Corp. /zigman2/quotes/205494819/composite AVNT +0.46% rose 2.18% to $45.51, and BASF SE ADR /zigman2/quotes/202868418/delayed BASFY -1.33% rose 1.96% to $18.69. Trading volume (901,807) remained 457,535 below its 50-day average volume of 1.4 M.