Home/News Feed/FMC faces securities fraud probe after Q3 revenue forecast misses estimates, stock drops 30%. FMC Corporation updated its Q3 2026 revenue forecast to $65-$125 million with a negative adjusted EBITDA between $565 million and $510 million, citing price reductions and changes in its U.S. sales model. This guidance fell far below market expectations, causing FMC's stock to plunge over 30% on October 15, 2026. Following the drop, law firm Pomerantz LLP launched an investigation into potential securities fraud or unlawful practices by FMC and its executives. Investors affected by the situation are encouraged to contact the firm for possible class action participation.
FMC Corporation shares are trading at USD 4.86 on Pluang as of Nov 12, 2026 22:12 WIB, down 13.98% in one day with a market cap of $878.90M. The stock has seen heavy selling pressure, with 99% of Pluang order activity being sell orders. This sharp decline in price and investor sentiment follows the recent news of FMC's lowered revenue forecast and the subsequent legal investigation.