Shares of Albemarle Corp. /zigman2/quotes/200578017/composite ALB -1.11% rose 1.73% to $243.41 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.75% falling 0.46% to 4,493.28 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% falling 0.43% to 34,879.38. This was the stock's second consecutive day of gains. Albemarle Corp. closed $5.30 short of its 52-week high ($248.71), which the company reached on September 2nd.
The stock outperformed some of its competitors Thursday, as W.R. Grace & Co. /zigman2/quotes/202061502/composite GRA +0.03% rose 0.42% to $69.92, Avient Corp. /zigman2/quotes/205494819/composite AVNT +3.04% rose 0.97% to $47.83, and BASF SE ADR /zigman2/quotes/202868418/delayed BASFY -0.27% fell 0.88% to $19.05. Trading volume (1.2 M) remained 109,560 below its 50-day average volume of 1.3 M.