31.03.2017 18:37:44

FMC Corp. Pulls Back Off Best Levels But Remains Firmly Positive

(RTTNews) - After seeing early strength, shares of FMC Corp. (FMC) have given back some ground but remain firmly positive in afternoon trading on Friday. FMC is currently up by 13.2 percent after reaching its highest intraday level in well over two years.

The early rally by FMC came after the company agreed to acquire the portion of DuPont's (DD) Crop Protection business that it must divest in order to gain EU approval for its merger with Dow Chemical (DOW). DuPont has also agreed to buy FMC Health and Nutrition.

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FMC Corp. 47,35 -3,84% FMC Corp.