Why FMC Stock Was Sinking This Week
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.
Source Fool.com
FMC Corp. Aktie
Positive Community-Reaktionen für FMC Corp. mit einigen mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 19 € für FMC Corp. signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 9.75 €.


