Celanese(US:CE) Prnewswireยท2025-09-11 20:47Core Viewpoint - Celanese Corporation has faced significant stock price declines due to ongoing inventory destocking issues and disappointing financial results, leading to investigations regarding potential misleading disclosures to investors [1][2][4]. Financial Performance - On August 12, 2025, Celanese reported Q2 2025 financial results, resulting in a share price drop of $6.20 (-13%) due to ongoing inventory destocking problems [1]. - The company reported a 54% decline in net cash provided by operations for the nine months ending September 30, 2024, compared to the same period in 2023, attributing this to inventory increases and timing of collections [4]. - Subsequent quarterly reports in February, May, and August 2025 continued to show disappointing results, with the company citing severe destocking issues, particularly in the automotive sector [5]. Investigations and Legal Actions - Hagens Berman, a national shareholders rights firm, has initiated an investigation into whether Celanese misled investors regarding its sales practices and growth prospects, particularly in the Engineered Materials segment [2][3]. - The investigation is focused on the propriety of Celanese's disclosures about its sales practices, inventory reporting, and growth trajectory [3][6]. - The firm encourages investors who have suffered losses or possess relevant information to come forward [6].