Why FMC Corporation Rallied 17.5% in December
Shares of agricultural chemicals maker FMC Corporation (NYSE: FMC) rallied 17.5% in December, according to data from S&P Global Market Intelligence.
The insecticide producer came into the month on a very down note. In fact, despite the December bounce, FMC was the second-worst performer in the S&P 500 index in 2023.
However, with a low valuation and recent guidance for quarter-over-quarter growth, the company announced a cost-saving restructuring plan. That was cheered by bottom-fishing investors who bought the stock heading into the new year.
Source Fool.com
FMC Corp. Aktie
59,08 €
0,07 %
Einige positive Einschätzungen für FMC Corp. mit mehr Buy- als Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 75 € für FMC Corp. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 59.08 €.
