FMC Corporation Response To Inaccurate Short-Seller Report; Says 'Blue Orca Capital Made Misleading And Factually Inaccurate Statements Regarding FMC's Patents For Its Diamide Insecticide Technology And Inaccurately Speculated On The Strength Of The Co.. It Is A Biased Opinion Piece'
Portfolio Pulse from Happy Mohamed
FMC Corporation (NYSE:FMC) has responded to a report by short-seller Blue Orca Capital, stating that it contains misleading and factually inaccurate statements about FMC's patents for its diamide insecticide technology and the strength of FMC's business. FMC has always been transparent about its diamide growth strategy and has consistently disclosed material developments in diamide litigation in SEC filings.
September 07, 2023 | 4:54 pm
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FMC Corporation has refuted a report by Blue Orca Capital, stating it contains misleading and inaccurate statements about FMC's patents and business strength.
The news is directly related to FMC Corporation and its business operations. The company's response to the report could potentially influence investor sentiment and stock performance. However, the short-term impact is uncertain as it depends on how the market perceives the situation.
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