Celanese Corp stock advances 4.10% on positive market day
Updated
Updated · MarketWatch · Apr 30
Celanese Corp stock advances 4.10% on positive market day
11 articles · Updated · MarketWatch · Apr 30
Shares closed at $67.76 on Thursday, marking a second straight gain as the S&P 500 rose 1.02% to 7,209.01 and the Dow climbed 1.62% to 49,652.14.
The stock finished 1.47% below its 52-week high of $68.77 reached on 16 April.
Against peers, Avantor rose 3.18%, Westlake 3.47% and Huntsman 8.45%, while Celanese trading volume of 1.5 million stayed 1.1 million below its 50-day average.
Celanese stock is climbing on low volume. What does this quiet rally signal about the company's future?
Can a housing and auto rebound rescue Celanese from its mountain of debt amid an industry-wide downturn?