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
€25.54
2.200%
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 46 € shows a very positive potential of 80.11% compared to the current price of 25.54 € for FMC Corp..
