Why FMC Stock Crashed 36% on Wednesday

FMC (FMC -33.75%) stock crashed 36.3% through 9:50 a.m. ET Wednesday after reporting mixed earnings last night. Heading into the report, analysts forecast that FMC would earn $1.60 per share in Q4, and FMC beat that number with a stick, reporting adjusted profits of$1.79 per share. However, analysts also thought FMC's sales would exceed $1.3 billion. In fact, sales were barely$1.2 billion. FMC Q4 earningsFMC's sales grew 12% organically, but adverse foreign exchange rates limited dollar-denominated sales ...