Here's Why Celanese Stock Slumped This Week

Shares in chemicals and specialty materials company Celanese (CE 0.22%) slumped by 22.7% in the week to Friday morning. The move follows a disappointing set of fourth-quarter earnings released on Tuesday. In addition, investors were left unimpressed by management's guidance for 2025.Celanese disappoints the marketChemical companies are often highly cyclical. Weak demand conditions can lead to volume deterioration and a pricing slump, rapidly reducing earnings.That's pretty much what happened with Celanese i ...