Celanese Corp Class A

CE: XNYS (USA)
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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.

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