Why FMC Stock Dropped Today
Guidance spooks FMC investors despite a big earnings beat last night.FMC (FMC -7.13%) stock tumbled 6.5% through 10:55 a.m. ET this morning, despite soundly beating earnings expectations last night.Heading into the quarterly report, analysts expected FMC to earn 784 million in revenue. In fact, FMC earned twice what it was "supposed to" -- 791.4 million. FMC Q1 earningsBut it's hard to call FMC's news "good ...