Corteva stock slips 3.30% but outperforms FMC in market downturn

8 articles · Updated · MarketWatch · May 7

Shares closed at $79.07 on Thursday, with trading volume of 6.2 million topping the 50-day average of 3.9 million.
The decline came as the S&P 500 fell 0.38% and the Dow Jones Industrial Average dropped 0.63% in a broadly weak session.
Corteva posted a second straight daily loss and finished 7.66% below its 52-week high of $85.63 reached on 7 April.

FMC's stock plunged after announcing a debt-reducing asset sale. Why are investors fleeing a seemingly positive strategic move?

With its main patent expired and debt soaring, can FMC's new product pipeline truly save the company from a forced sale?