FMC Corporation (FMC) Shares Tumble 33% After Inventory Destocking Continues – Hagens Berman
1. FMC stock dropped 33%, losing $2 billion in market value. 2. Q4 2024 revenues fell by 5%, with Q1 2025 guidance down 16%. 3. EBITDA expected to shrink by 28% for Q1 2025. 4. Company cited customer inventory destocking for disappointing results. 5. Investigation into FMC's sales practices has been initiated by Hagens Berman.