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Why FMC Stock Was Sinking This Week

TheMotleyFool 
0 0 22.05.26
Why FMC Stock Was Sinking This Week: https://g.foolcdn.com/editorial/images/871351/a-grape-harvester-depositing-into-a-truck.jpg
 

Agricultural chemicals specialist (NYSE: FMC) wasn't an investor darling over the past few trading days. Mr. Market was displeased with the company's announcement that it was floating a new issue of debt securities, a flotation that was soon upsized; largely as a result, its shares were trading 9% lower week to date as of Friday afternoon, according to data compiled by S&P Global Market Intelligence.

On Tuesday, FMC announced the impending flotation of $750 million aggregate principal amount of senior secured notes.

Image source: Getty Images.

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Source Fool.com

FMC Corp. Stock

€9.25
-0.060%
There is nearly no change for the FMC Corp. stock today. Compared to yesterday it only changed by -€0.006.
Currently there is a rather positive sentiment for FMC Corp. with 12 Buy predictions and 3 Sell predictions.
As a result the target price of 17 € shows a very positive potential of 83.82% compared to the current price of 9.25 € for FMC Corp..
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