Albemarle is trading at $127.00, up 6.87%, after its August 5 earnings beat.
- Second-quarter revenue reached $1.74 billion, while adjusted EPS was $3.75, exceeding expectations.
- Higher realized lithium prices increased 60.5%, with volumes up 11%.
- The results reinforce a lithium-price recovery and improved margins, making earnings the clearest catalyst for the August 6 move.