Celanese (CE) Up 39% in 6 Months: What's Driving the Rally?
Celanese(CE) Zacks Investment Research·2024-04-03 12:56
Celanese Corporation’s (CE) shares have shot up 38.7% over the past six months. The company has also outperformed its industry’s rise of 23.2% over the same time frame. It has also trounced the S&P 500’s roughly 22.3% rise over the same period.Let’s dive into the factors behind this leading chemical and specialty materials maker’s stock price appreciation. Image Source: Zacks Investment ResearchCE Gains on Acquisitions & ProductivityCelanese, a Zacks Rank #3 (Hold) stock, is gaining from its productivity me ...