Why FMC Stock Popped Today
The announcement of a new partnership was the plant food growing 's (NYSE: FMC) stock price during Wednesday's trading session. The agricultural sciences company's shares advanced to close the day more than 5% higher, a percentage rate that trounced the essentially flat performance of the benchmark S 500 (SNPINDEX: ^GSPC).
Just after market close on Tuesday, FMC announced that it has signed a "strategic agreement" with agribusiness peer Corteva Agriscience (NYSE: CTVA). According to FMC, the deal will bolster its fungicide technology in the domestic corn and soybean markets.
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Source Fool.com
FMC Corp. Stock
€11.05
-6.630%
We see a rather positive sentiment for FMC Corp. with 19 Buy predictions and 1 Sell predictions.
With a target price of 43 € there is potential for a 289.14% increase which would mean more than doubling the current price of 11.05 € for FMC Corp..
