FMC Earnings: Buy or Sell?
FMC Corp. (NYSE: FMC), a seller of industrial chemicals whose colleagues include Dow Chemical (DOW) and DuPont (DD), closed Monday's regular session at $81.08, a price that reflected a gain of about 1.1%. Volume was above average, so it looked as if investors were eagerly anticipating the company's fourth-quarter earnings report.
Unfortunately, those who bought in ahead of the release ended up being disappointed. The shares lost 4% of their value during the extended-hours session. The final quote of $77.75 represented a pullback from the 52-week high of $82.03.
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