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Chemours (CC) Soars 5.5%: Is Further Upside Left in the Stock?
CCChemours(CC) ZACKS·2024-06-14 09:01

Chemours (CC) shares ended the last trading session 5.5% higher at $25.56. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16.8% loss over the past four weeks. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. Chemours is a mem ...