Celanese Corp Class A
CE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| j$ | LOCK|r<WFy | LOCK|ds>$vm |
Celanese Earnings: Shares Plunge on Outlook for Middle East Conflict Resolution; Trimming Valuation
Celanese reported improved first-quarter results as operating profits were up year over year despite lower volumes and prices. Celanese shares were down 10% at the time of writing May 6 as the market reacted to reports the US and Iran were close to a deal to end the Middle East conflict.
