Shares of Albemarle Corp. /zigman2/quotes/200578017/composite ALB +0.14% slipped 1.48% to $230.70 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 +0.16% falling 0.58% to 4,470.00 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.08% falling 0.54% to 35,213.12. The stock's fall snapped a four-day winning streak. Albemarle Corp. closed $11.37 below its 52-week high ($242.07), which the company reached on August 11th.
The stock underperformed when compared to some of its competitors Thursday, as W.R. Grace & Co. /zigman2/quotes/202061502/composite GRA +0.03% rose 0.06% to $69.56, Avient Corp. /zigman2/quotes/205494819/composite AVNT -0.04% rose 0.77% to $50.85, and BASF SE ADR /zigman2/quotes/202868418/composite BASFY -0.28% fell 1.05% to $19.30. Trading volume (907,118) remained 355,798 below its 50-day average volume of 1.3 M.