FMC Shares Dropped 31% After Dismal Guidance
FMC issued dismal financial guidance, and its stock fell 31% Thursday. The body is truncated before the full guidance figures are available.
By Al RootFMC stock had a horrible day after issuing dismal financial guidance. Investors might not want to go bargain-bin shopping just yet.On Thursday, FMC said it expects third-quarter sales of $65 million to $125 million and adjusted earnings before interest, taxes, depreciation, and amortizati…