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FMC slashes Q3 2026 revenue forecast, shares plunge up to 46% amid securities probe

Market News
16 Oct 2026
PRNewsWire
View Source
Bearish
FMC slashes Q3 2026 revenue forecast, shares plunge up to 46% amid securities probe

FMC Corporation drastically cut its Q3 2026 revenue outlook from $840-$900 million to just $65-$125 million, causing its shares to fall between 31% and 46%. This sharp revision followed the company's recent $403 million stock sale and $1.2 billion senior secured notes offering. The significant drop in revenue and an expected adjusted EBITDA loss of $510-$565 million triggered an investigation into whether FMC misled investors in its SEC disclosures during these capital raises. Investors who suffered losses may be eligible to join the ongoing securities law investigation led by Levi & Korsinsky, LLP.

FMC Corporation trades at USD 5.54 on Pluang as of Oct 17, 2026 03:11 WIB, showing a modest 1.42% decline in the last day. Despite the sharp revenue outlook cut and ongoing investigation mentioned in the news, Pluang data shows a market cap of $874.17 million and a dividend yield of 5.69%. The platform's order activity leans towards buying at 63%, indicating some investor interest remains.

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FMC stock plunges 35% after slashing Q3 revenue and EBITDA forecasts due to weak demand and high inventories.

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