Celanese Stock Is S&P's Worst Performer
Celanese's stock is suffering its worst day in 16 years after dividend slashed
Not all is rosy on Wall Street, as investors in chemical company Celanese's stock are having their worst day in 16 years. The company reported late Monday Q3 profit that missed expectations by a wide margin and sales that fell short for the eighth straight quarter,
Celanese (NYSE:CE) fell 14% in extended trading Monday after the maker of specialty materials and chemicals said it would cut ...
Bank of America Securities analyst Salvator Tiano has reiterated their bearish stance on CE stock, giving a Sell rating on October 29.
Deutsche Bank has recently raised Celanese Corporation (CE) stock to Buy rating, as announced on Today, according to Finviz. Earlier, on November 5, 2024, Wells Fargo had reduced the stock from a ...
Shares of Celanese fell sharply Tuesday morning after the chemicals supplier slashed its dividend and said it would sharply slow production following weak demand in its latest quarter. The stock was ...
Specialty chemicals company Celanese cut its quarterly dividend by about 95% and laid out additional cost-cut plans following a profit slump, sending its shares down 14% in extended trading on Monday.
Deutsche Bank upgrades Celanese to Buy, citing strong operating leverage and long-term earnings growth potential despite ...
In response we are taking additional measures to navigate current challenges while positioning Celanese (CE) for long-term success. We are confident these actions will accelerate our growth and ...
Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 61%. Looking ahead, ...
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