Why FMC Stock Crashed 12% Today
Shares of agricultural-chemicals specialist FMC Corporation (NYSE: FMC) collapsed in Monday trading, falling 12.5% through 1 p.m. ET, and it's no great secret why:
Early this morning, before the stock market opened for trading, FMC drastically reduced its guidance for its upcoming third-quarter earnings report -- and for the full year as well.
The news here is pretty grim, so let's break it down line by line.
Source Fool.com
FMC Corp. Stock
€9.15
-0.110%
Currently there is a rather positive sentiment for FMC Corp. with 13 Buy predictions and 3 Sell predictions.
As a result the target price of 17 € shows a very positive potential of 85.87% compared to the current price of 9.15 € for FMC Corp..
