Chemours Company (The) ($CC) Stock Forecast: Down 5.1% Today

What is Chemours Company (The)?

Chemours Inc. (NYSE: CC) is currently trading at $18.60, with a recent 0.85% drop in its stock price. The company has experienced a 2.23% decrease in the past month and a significant 39.17% decline over the past year.

Why is Chemours Company (The) going down?

CC stock is down 5.1% on Dec 19, 2024 18:00

• The bearish movement in Chemours Inc.'s stock (CC) today could be attributed to:
• Investor concerns about the company's long-term performance, as evidenced by the significant decline in the stock price over the past year.
• Market participants possibly reacting to the recent 0.85% drop in the stock price, leading to a further downward pressure on the shares.
• The focus on the company's price-to-earnings ratio may have raised questions about the company's valuation, prompting some investors to sell off their positions.

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Price Over Earnings Overview: Chemours - Chemours ( NYSE:CC )

In the current session, Chemours Inc. CC is trading at $18.60, after a 0.85% drop. Over the past month, the stock fell by 2.23%, and in the past year, by 39.17%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio.

https://www.benzinga.com/insights/news/24/12/42535366/price-over-earnings-overview-chemours

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Chemours Company (The) Price History

21.05.2024 - CC Stock was down 5.1%

• The decrease in the short percent of float for Chemours suggests a decline in bearish sentiment among traders.
• A lower volume of shares sold short could alleviate selling pressure that might have been driving the stock price down.
• The market's response to these developments likely influenced the bearish movement in Chemours' stock today.

08.10.2024 - CC Stock was down 5.3%

• Despite surpassing Q3 earnings and revenue estimates, CC's stock faced a significant bearish movement.
• The market's reaction may stem from concerns that future growth prospects may not meet the elevated expectations set by the positive Q3 results.
• Investors could be engaging in profit-taking following a period of robust performance, contributing to the stock's downward trend.
• External factors or unrelated market conditions may have also played a role in influencing the bearish movement.

12.08.2024 - CC Stock was up 5.7%

• CC showcased its dedication to sustainability and innovation with the development of a low GWP retrofit approach for vehicles.
• Anticipated substantial carbon dioxide equivalent savings by 2025 with their Opteon portfolio are expected to increase investor confidence.
• This positive development is believed to have positively impacted CC's stock performance today.

21.10.2024 - CC Stock was up 5.3%

• CC is a leading company in the technology sector, specializing in semiconductor manufacturing. The overall market showed positive momentum today, with many tech stocks experiencing gains.
• CC stock surged as investors reacted positively to Valvoline's impressive Q4 earnings and revenue results.
• The strong performance of Valvoline likely boosted investor confidence in the overall market, leading to increased buying activity in CC.
• The better-than-expected earnings report from Valvoline may have signaled to investors that the technology sector, including companies like CC, is performing well and has strong growth potential.

12.11.2024 - CC Stock was down 7.5%

• A chemical company, CC, experienced a bearish movement in the stock market.
• Assessment
• CC's collaboration with PCC Group may result in rising production costs.
• Concerns may arise among investors regarding the chlorine supply agreement's effect on CC's profit margins.
• The market's negative reaction suggests anticipation of future challenges for CC in the competitive chemical sector.

10.11.2024 - CC Stock was down 5.0%

• The bearish movement in CC today could be attributed to profit-taking by investors after a recent 8.8% increase since the last earnings report.
• Investors might be cautious about the future outlook of CC, leading to selling pressure despite positive earnings estimates.
• Market sentiment could be influenced by external factors impacting the chemical industry, prompting a bearish trend in CC's stock price.

19.11.2024 - CC Stock was down 5.1%

• The bearish movement in Chemours Inc.'s stock (CC) today could be attributed to:
• Investor concerns about the company's long-term performance, as evidenced by the significant decline in the stock price over the past year.
• Market participants possibly reacting to the recent 0.85% drop in the stock price, leading to a further downward pressure on the shares.
• The focus on the company's price-to-earnings ratio may have raised questions about the company's valuation, prompting some investors to sell off their positions.

13.05.2024 - CC Stock was up 5.9%

• Chemours released its 2023 Sustainability Report, emphasizing its dedication to environmental and social responsibility.
• Investor confidence in the company's sustainability efforts likely increased following the approval of its science-based emissions reduction targets by the Science Based Target initiative.
• The market positively reacted to Chemours' advancements in achieving its 2030 Corporate Responsibility Commitment goals, reflecting a growing investor focus on firms with robust ESG initiatives.
• The uptick in CC's stock can be linked to the company's proactive stance on sustainability and ethical business practices, appealing to investors interested in socially responsible investment opportunities.

14.05.2024 - CC Stock was up 5.5%

• The stock surged 5.5% with higher than average trading volume.
• Chemours expanded its board by appointing Livingston “Tony” Satterthwaite as a new independent director.
• The appointment of a new director may have instilled confidence in investors, leading to the bullish movement.
• The market seems optimistic about the potential for business growth under the leadership of the new board member.

11.06.2024 - CC Stock was up 7.1%

• Upgrade of Chemours stock to ''Buy'' by UBS, signaling a positive outlook.
• UBS had previously noted undue negativity on the stock but now anticipates it to outperform.
• This upgrade is likely a contributing factor to the positive movement in Chemours' stock price today.

07.07.2024 - CC Stock was down 5.1%

• Chemours (CC) experienced a significant earnings shortfall in Q2, primarily due to lower selling prices.
• Insights gleaned from the period ending June 30, 2024, earnings call may have highlighted challenges impacting investor confidence.
• The unsatisfactory Q2 earnings, missing both earnings and revenue projections, likely prompted a decline in CC's stock value.
• Investor confidence in the company's future performance may be eroded by the unexpected earnings results and their potential repercussions on profitability.

02.07.2024 - CC Stock was down 13.9%

• Following a significant miss in Q2 earnings estimates, Chemours (CC) faced a strong downward trend in the market.
• The substantial negative surprise in earnings (-42.42%) likely influenced the pessimistic sentiments surrounding CC's stock.
• The activity in the options market suggests that investors may have been privy to potential challenges or had existing concerns regarding Chemours' earnings performance, contributing to the bearish movement.
• Despite the favorable prospects for chemical stocks overall, Chemours' disappointing financial results in Q2 eclipsed the growth potential within the industry, leading to a decline in the company's stock valuation.