The Cooling Effect: What's Behind Chemours' Stock Plunge? Chemours' latest earnings report has sent its stock plummeting, with revenue declining slightly in Q2 and adjusted earnings per share taking a 31% hit.
However, the situation is more complex than it initially appears. The Refrigerant Conundrum The company's woes can be attributed, in part, to the changing landscape of refrigerants.
Chemours' newer Optane refrigerants, designed to reduce Global Warming Potential (GWP), have been gaining traction, but only slowly.