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FMC Shares Up 10% in 3 Months: What's Driving the Stock?
CRSCarpenter(CRS) Zacks Investment Research·2024-03-14 22:46

Shares of FMC Corporation (FMC) have gained 10.4% over the past three months. The company has also outperformed its industry’s decline of 1.6% over the same time frame. It has also topped the S&P 500’s roughly 9.7% rise over the same period.Let’s take a look into the factors that are driving this Zacks Rank #3 (Hold) stock.Image Source: Zacks Investment ResearchWhat’s Going in FMC’s Favor?FMC is benefiting from its efforts to expand product portfolio, boost market position and its cost-reduction actions ami ...