DuPont's stock rises after profit tops expectations, about two weeks after a profit warning
DuPont(DD) Market Watch·2024-02-06 19:10
Shares of DuPont de Nemours Inc. DD, -1.84% rose 1.9% in premarket trading Tuesday, after the parent of Kevlar, Tyvek and Styrofoam brands reported fourth-quarter profit that beat expectations but revenue that fell a touch shy. The results come about two weeks after the company issued a profit warning for the first quarter, citing additional inventory destocking by customers and continued weak demand in China. For the fourth quarter, the company swung to a net loss of $22 million, or 5 cents a share, from ...