Why FMC Corporation Stock Crashed After Earnings
Key Points FMC beat on earnings but missed badly on sales last night. Revenue was cut in half due to reorganization moves preparatory to selling FMC's India business. FMC lowered its full-year forecast across the board, predicting negative free cash flow for the year. 10 stocks we like better than FMC › FMC Corporation (NYSE: FMC) stock collapsed Thursday morning, falling 44% through 10:20 a.m. ET after delivering a small earnings beat -- and a gigantic sales miss. Heading into the agricultural c ...