INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Methanex Corporation - MEOH
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Pomerantz LLP is investigating potential securities fraud by Methanex Corporation after the company announced an unplanned outage at its Geismar 3 methanol plant in Louisiana. The plant startup is now estimated for early May 2025, and the stock price dropped 12.9% following the announcement. Scotiabank has also downgraded the stock from Sector Outperform to Sector Perform.
March 21, 2025 | 3:30 pm
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NEGATIVE IMPACT
Potential securities fraud investigation and plant outage could negatively impact Methanex's stock performance in the short term.
The investigation, stock downgrade, and delayed plant startup suggest significant short-term negative pressure on MEOH stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100