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home / articles / albemarle stock slides on 1 75b offering the details mwn benzinga

ALB - Albemarle Stock Slides On $1.75B Offering: The Details | Benzinga

Albemarle Corporation

Albemarle Corp (NYSE:ALB) shares are trading lower after the bell on Monday following a proposed offering from the lithium producer.

What Happened: Albemarle has commenced an offering of $1.75 billion of depositary shares in an underwritten registered public offering. The company plans to grant the underwriters a 30-day option to purchase ...

Full story available on Benzinga.com
Stock Information
Company Name: Albemarle Corporation
Stock Symbol: ALB
Market: NYSE
Website: albemarle.com
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