Why FMC Stock Popped Today
The announcement of a new partnership was the plant food growing FMC's (NYSE: FMC) stock price during Wednesday's trading session. The agricultural sciences company's shares advanced to close the day more than 5% higher, a percentage rate that trounced the essentially flat performance of the benchmark S&P 500 (SNPINDEX: ^GSPC).Just after market close on Tuesday, FMC announced that it has signed a "strategic agreement" with agribusiness peer Corteva Agriscience (NYSE: CTVA). According to FMC, the deal will bolster its fungicide technology in the domestic corn and soybean markets. Image source: Getty Images.Continue reading
The announcement of a new partnership was the plant food growing FMC's (NYSE: FMC) stock price during Wednesday's trading session. The agricultural sciences company's shares advanced to close the day more than 5% higher, a percentage rate that trounced the essentially flat performance of the benchmark S&P 500 (SNPINDEX: ^GSPC).
Just after market close on Tuesday, FMC announced that it has signed a "strategic agreement" with agribusiness peer Corteva Agriscience (NYSE: CTVA). According to FMC, the deal will bolster its fungicide technology in the domestic corn and soybean markets.
Image source: Getty Images.
