FMC shares are trading lower after the company cut Q3, Q4 and FY23 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
FMC Corporation has lowered its guidance for Q3, Q4, and FY23 below estimates, leading to a decrease in its share price.
October 23, 2023 | 12:49 pm
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FMC Corporation's stock is trading lower after the company cut its Q3, Q4, and FY23 guidance below estimates.
FMC Corporation's decision to lower its guidance for Q3, Q4, and FY23 below estimates indicates potential financial challenges or lower-than-expected performance. This news is likely to negatively impact investor sentiment, leading to a decrease in the company's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100