Shares closed at $193.88 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
The decline ended a two-day winning streak, leaving the stock 10.12% below its 52-week high of $215.71 reached on 16 April.
Albemarle still outperformed Avantor, which fell 1.73%, though it lagged gains by Celanese and Eastman Chemical; trading volume of 1.3 million was well below its 50-day average.
As lithium prices rebound, is Wall Street's cautious 'Hold' rating on Albemarle a major warning sign for investors?
After a surprising quarterly loss, can massive cost-cutting truly shield Albemarle from volatile lithium prices?
Can one North Carolina mine truly secure America's lithium supply and challenge global market dominance?