Why FMC Stock Popped Today

The announcement of a new partnership was the plant food growing FMC's (FMC 5.05%) stock price during Wednesday's trading session. The agricultural sciences company's shares advanced to close the day more than 5% higher, a percentage rate that trounced the essentially flat performance of the benchmark S&P 500 (^GSPC 0.01%). Collaborating with Corteva Just after market close on Tuesday, FMC announced that it has signed a "strategic agreement" with agribusiness peer Corteva Agriscience (CTVA 0.27%). According ...