FMC Warns Of Staggering Losses, Slashes Revenue Outlook
FMC stock plunged over 36% after slashing Q3 revenue guidance and announcing sweeping pricing overhauls to combat generic competition.
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Why It Matters
FMC said it will make much less money than it thought. The company is trying new pricing plans to fight cheaper competitor products.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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