Albemarle stock jumps nearly 10% as analysts lift targets on lithium rebound
NEW YORK, Jan 6, 2026, 13:25 ET — Regular session Albemarle Corp (ALB.N) shares rose 9.9% to $160.62 in early afternoon trading on Tuesday, after closing at $146.13 the day before. The stock hit an intraday high of $164.88. The move matters because Albemarle’s earnings and cash flow tend to track lithium prices, which have been squeezed by a supply glut since late 2022. Investors are now focusing on grid storage — large battery packs that store power for the electricity grid — as a fast-growing source of battery demand. A Reuters report this week said lithium demand for energy