Albemarle Corporation (NYSE:ALB) closed at $84.17 after seeing 1702227 shares trade hands during the most recent session. This represents a change of -1.10% from the opening.
The closing price represents the final price that a stock is traded for on a trading day. It’s the most up-to-date valuation until trading begins again on the next day. However, most financial instruments are traded after hours, which means that the the closing price of a stock might not match the after-hours price. Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. The closing prices are compared day-by-day to look for trends and can measure market sentiment for any security over the course of a trading day.
Source: Friday Session Wrap for Albemarle Corporation (NYSE:ALB) – Engelwood Daily